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$211,999$213,300
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.080%7.400%
Blended rate7.930%7.640%
1st payment$1,481.70$1,476.85
2nd payment$0.00$0.00
Taxes / mo$264.92$264.92
Insurance / mo$150.00$150.00
MI / mo$156.49$42.66
HOA / mo$265.00$265.00
Total monthly$2,318.11$2,199.42
Cash to close$25,001$23,700