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$468,674$449,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.130%7.400%
Blended rate6.680%7.640%
1st payment$2,984.61$3,109.48
2nd payment$0.00$0.00
Taxes / mo$203.50$203.50
Insurance / mo$166.67$166.67
MI / mo$225.02$89.82
HOA / mo$55.00$55.00
Total monthly$3,634.79$3,624.46
Cash to close$30,326$49,900