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$329,543$305,100
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.170%7.400%
Blended rate7.720%7.640%
1st payment$2,283.06$2,112.45
2nd payment$0.00$0.00
Taxes / mo$208.17$208.17
Insurance / mo$150.00$150.00
MI / mo$154.62$61.02
HOA / mo$525.00$525.00
Total monthly$3,320.84$3,056.64
Cash to close$9,457$33,900