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$286,810$287,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.990%7.320%
Blended rate5.540%7.560%
1st payment$1,585.99$1,972.18
2nd payment$0.00$0.00
Taxes / mo$1.50$1.50
Insurance / mo$150.00$150.00
MI / mo$135.56$57.42
HOA / mo$79.00$79.00
Total monthly$1,952.05$2,260.10
Cash to close$32,190$31,900