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$307,973$299,700
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.12%7.18%
Blended rate6.67%7.42%
1st payment$1,961.78$2,030.27
2nd payment$0.00$0.00
Taxes / mo$76.08$76.08
Insurance / mo$150.00$150.00
MI / mo$148.06$59.94
HOA / mo$105.67$105.67
Total monthly$2,441.59$2,421.97
Cash to close$25,027$33,300