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$322,145$296,910
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.780%7.400%
Blended rate6.630%7.640%
1st payment$2,000.56$2,055.74
2nd payment$0.00$0.00
Taxes / mo$484.42$484.42
Insurance / mo$150.00$150.00
MI / mo$242.03$59.38
HOA / mo$0.00$0.00
Total monthly$2,877.01$2,749.54
Cash to close$7,755$32,990