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$810,209$702,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.12%7.24%
Blended rate6.67%7.48%
1st payment$5,045.27$4,784.12
2nd payment$0.00$0.00
Taxes / mo$683.08$683.08
Insurance / mo$216.67$216.67
MI / mo$380.78$140.40
HOA / mo$30.00$30.00
Total monthly$6,355.80$5,854.27
Cash to close$0$78,000