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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$0$0$527,391
Remaining term (yrs)28.728.730.0
Secondary amount$0$527,391$0
Funding fee$0$0$0
Note rate5.891%5.891%7.18%
Blended rate6.441%7.75%7.42%
1st payment$0.00$0.00$3,572.73
2nd payment$0.00$3,406.07$0.00
Taxes / mo$104.50$104.50$104.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.48
HOA / mo$190.00$190.00$190.00
Total monthly$461.17$3,867.23$4,139.38
Cash to close$585,990$58,599$58,599