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$768,811$733,500
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.760%7.320%
Blended rate7.310%7.560%
1st payment$5,064.25$5,038.64
2nd payment$0.00$0.00
Taxes / mo$169.58$169.58
Insurance / mo$216.67$216.67
MI / mo$357.50$146.70
HOA / mo$0.00$0.00
Total monthly$5,808.00$5,571.59
Cash to close$46,189$81,500