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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$269,461$269,461$283,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$29,789$0
Funding fee$0$0$0
Note rate6.82%6.82%7.18%
Blended rate7.37%7.818%7.42%
1st payment$1,808.55$1,808.55$1,920.53
2nd payment$0.00$294.78$0.00
Taxes / mo$133.25$133.25$133.25
Insurance / mo$150.00$150.00$150.00
MI / mo$126.89$126.89$56.70
HOA / mo$86.00$86.00$86.00
Total monthly$2,304.69$2,599.47$2,346.48
Cash to close$45,539$15,750$31,500