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$765,480$746,910
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.840%7.400%
Blended rate7.390%7.640%
1st payment$5,101.92$5,171.45
2nd payment$0.00$0.00
Taxes / mo$691.58$691.58
Insurance / mo$216.67$216.67
MI / mo$357.23$149.38
HOA / mo$0.00$0.00
Total monthly$6,367.40$6,229.09
Cash to close$64,420$82,990