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$326,281$323,910
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.76%7.18%
Blended rate4.61%7.42%
1st payment$1,659.46$2,194.28
2nd payment$0.00$0.00
Taxes / mo$146.08$146.08
Insurance / mo$150.00$150.00
MI / mo$253.50$64.78
HOA / mo$0.00$0.00
Total monthly$2,209.05$2,555.14
Cash to close$33,619$35,990