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$331,769$337,500
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.140%7.320%
Blended rate3.990%7.560%
1st payment$1,580.32$2,318.39
2nd payment$0.00$0.00
Taxes / mo$128.08$128.08
Insurance / mo$150.00$150.00
MI / mo$260.81$67.50
HOA / mo$100.00$100.00
Total monthly$2,219.21$2,763.97
Cash to close$43,231$37,500