Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$267,706$260,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.280%7.400%
Blended rate6.830%7.640%
1st payment$1,727.86$1,800.88
2nd payment$0.00$0.00
Taxes / mo$320.05$320.05
Insurance / mo$150.00$150.00
MI / mo$128.21$52.02
HOA / mo$220.00$220.00
Total monthly$2,546.13$2,542.95
Cash to close$21,294$28,900