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$372,851$359,100
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.400%
Blended rate7.370%7.640%
1st payment$2,507.65$2,486.34
2nd payment$0.00$0.00
Taxes / mo$432.25$432.25
Insurance / mo$150.00$150.00
MI / mo$175.94$71.82
HOA / mo$12.92$12.92
Total monthly$3,278.76$3,153.33
Cash to close$26,149$39,900