Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$268,364$268,364$386,100
Remaining term (yrs)23.523.530.0
Secondary amount$0$117,736$0
Funding fee$0$0$0
Note rate3.330%3.330%7.400%
Blended rate4.180%5.345%7.640%
1st payment$1,366.96$1,366.96$2,673.28
2nd payment$0.00$784.90$0.00
Taxes / mo$416.58$416.58$416.58
Insurance / mo$150.00$150.00$150.00
MI / mo$220.25$220.25$77.22
HOA / mo$465.00$465.00$465.00
Total monthly$2,618.79$3,403.70$3,782.08
Cash to close$160,636$42,900$42,900