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$511,911$375,300
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.66%7.24%
Blended rate6.51%7.48%
1st payment$3,137.17$2,557.66
2nd payment$0.00$0.00
Taxes / mo$322.08$322.08
Insurance / mo$150.00$150.00
MI / mo$384.54$75.06
HOA / mo$0.00$0.00
Total monthly$3,993.80$3,104.81
Cash to close$0$41,700