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$343,925$326,700
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.720%7.400%
Blended rate5.570%7.640%
1st payment$1,925.10$2,262.00
2nd payment$0.00$0.00
Taxes / mo$229.58$229.58
Insurance / mo$150.00$150.00
MI / mo$262.31$65.34
HOA / mo$3.33$3.33
Total monthly$2,570.33$2,710.26
Cash to close$19,075$36,300