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
Current Market Conventional
New · Conventional
Loan amount$325,446$319,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.11%7.11%
Blended rate5.96%7.35%
1st payment$1,904.84$2,149.30
2nd payment$0.00$0.00
Taxes / mo$298.83$298.83
Insurance / mo$150.00$150.00
MI / mo$248.22$63.90
HOA / mo$0.00$0.00
Total monthly$2,601.90$2,662.03
Cash to close$29,554$35,500