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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$133,929$133,929$306,000
Remaining term (yrs)20.620.630.0
Secondary amount$0$172,071$0
Funding fee$0$0$0
Note rate4.01%4.01%7.18%
Blended rate4.86%6.626%7.42%
1st payment$793.17$793.17$2,072.95
2nd payment$0.00$1,147.14$0.00
Taxes / mo$92.08$92.08$92.08
Insurance / mo$150.00$150.00$150.00
MI / mo$117.54$117.54$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,152.79$2,299.93$2,376.23
Cash to close$206,071$34,000$34,000