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$329,132$323,910
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.250%7.400%
Blended rate7.800%7.640%
1st payment$2,310.88$2,242.69
2nd payment$0.00$0.00
Taxes / mo$342.00$342.00
Insurance / mo$150.00$150.00
MI / mo$155.26$64.78
HOA / mo$83.00$83.00
Total monthly$3,041.14$2,882.47
Cash to close$30,768$35,990