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$941,832$899,999
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.460%7.320%
Blended rate7.010%7.560%
1st payment$6,056.78$6,182.37
2nd payment$0.00$0.00
Taxes / mo$833.33$833.33
Insurance / mo$216.67$216.67
MI / mo$441.03$180.00
HOA / mo$0.00$0.00
Total monthly$7,547.81$7,412.37
Cash to close$58,167$100,000