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$454,143$426,600
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.82%7.24%
Blended rate7.37%7.48%
1st payment$3,057.57$2,907.27
2nd payment$0.00$0.00
Taxes / mo$427.67$427.67
Insurance / mo$166.67$166.67
MI / mo$214.52$85.32
HOA / mo$390.00$390.00
Total monthly$4,256.43$3,976.92
Cash to close$19,857$47,400