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$327,812$305,100
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.48%7.18%
Blended rate7.33%7.42%
1st payment$2,167.58$2,066.85
2nd payment$0.00$0.00
Taxes / mo$201.33$201.33
Insurance / mo$150.00$150.00
MI / mo$243.42$61.02
HOA / mo$90.00$90.00
Total monthly$2,852.34$2,569.21
Cash to close$11,188$33,900