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$619,131$593,100
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.400%
Blended rate7.430%7.640%
1st payment$4,171.23$4,106.50
2nd payment$0.00$0.00
Taxes / mo$549.17$549.17
Insurance / mo$166.67$166.67
MI / mo$290.88$118.62
HOA / mo$0.00$0.00
Total monthly$5,177.94$4,940.96
Cash to close$39,869$65,900