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$767,973$688,500
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.440%7.400%
Blended rate6.990%7.640%
1st payment$4,934.00$4,767.03
2nd payment$0.00$0.00
Taxes / mo$665.08$665.08
Insurance / mo$216.67$216.67
MI / mo$360.03$137.70
HOA / mo$95.00$95.00
Total monthly$6,270.78$5,881.48
Cash to close$0$76,500