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$292,834$269,910
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.080%7.400%
Blended rate6.630%7.640%
1st payment$1,812.01$1,868.80
2nd payment$0.00$0.00
Taxes / mo$195.42$195.42
Insurance / mo$150.00$150.00
MI / mo$137.34$53.98
HOA / mo$315.00$315.00
Total monthly$2,609.77$2,583.20
Cash to close$7,066$29,990