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$381,798$382,410
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.78%7.24%
Blended rate7.33%7.48%
1st payment$2,555.24$2,606.12
2nd payment$0.00$0.00
Taxes / mo$184.50$184.50
Insurance / mo$150.00$150.00
MI / mo$180.01$76.48
HOA / mo$0.00$0.00
Total monthly$3,069.75$3,017.10
Cash to close$43,102$42,490