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$372,862$369,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.81%7.18%
Blended rate7.36%7.42%
1st payment$2,480.19$2,499.73
2nd payment$0.00$0.00
Taxes / mo$333.83$333.83
Insurance / mo$150.00$150.00
MI / mo$174.19$73.80
HOA / mo$284.00$284.00
Total monthly$3,422.22$3,341.37
Cash to close$37,138$41,000