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$342,883$337,499
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.290%7.400%
Blended rate7.840%7.640%
1st payment$2,414.15$2,336.78
2nd payment$0.00$0.00
Taxes / mo$538.33$538.33
Insurance / mo$150.00$150.00
MI / mo$161.56$67.50
HOA / mo$44.33$44.33
Total monthly$3,308.37$3,136.94
Cash to close$32,116$37,500