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$137,684$130,410
Remaining term (yrs)24.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.080%7.400%
Blended rate3.930%7.640%
1st payment$663.08$902.93
2nd payment$0.00$0.00
Taxes / mo$58.58$58.58
Insurance / mo$150.00$150.00
MI / mo$110.27$26.08
HOA / mo$576.00$576.00
Total monthly$1,557.93$1,713.60
Cash to close$7,216$14,490