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$839,375$800,100
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$5,399.22$5,539.73
2nd payment$0.00$0.00
Taxes / mo$740.83$740.83
Insurance / mo$216.67$216.67
MI / mo$401.06$160.02
HOA / mo$565.00$565.00
Total monthly$7,322.79$7,222.25
Cash to close$49,625$88,900