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$137,384$130,499
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.400%
Blended rate7.190%7.640%
1st payment$907.01$903.55
2nd payment$0.00$0.00
Taxes / mo$124.99$124.99
Insurance / mo$150.00$150.00
MI / mo$64.82$26.10
HOA / mo$300.00$300.00
Total monthly$1,546.82$1,504.64
Cash to close$7,615$14,500