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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$444,554$441,000
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.290%7.400%
Blended rate7.140%7.640%
1st payment$2,889.90$3,053.39
2nd payment$0.00$0.00
Taxes / mo$226.92$226.92
Insurance / mo$166.67$166.67
MI / mo$331.06$88.20
HOA / mo$60.00$60.00
Total monthly$3,674.54$3,595.18
Cash to close$45,446$49,000