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
Current Market Conventional
New · Conventional
Loan amount$436,470$422,910
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.23%7.24%
Blended rate6.08%7.48%
1st payment$2,569.68$2,882.12
2nd payment$0.00$0.00
Taxes / mo$303.67$303.67
Insurance / mo$166.67$166.67
MI / mo$330.36$84.58
HOA / mo$0.00$0.00
Total monthly$3,370.38$3,437.04
Cash to close$33,430$46,990