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$381,453$373,500
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.700%7.400%
Blended rate7.550%7.640%
1st payment$2,578.65$2,586.04
2nd payment$0.00$0.00
Taxes / mo$573.00$573.00
Insurance / mo$150.00$150.00
MI / mo$283.06$74.70
HOA / mo$76.00$76.00
Total monthly$3,660.71$3,459.74
Cash to close$33,547$41,500