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$273,001$269,910
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.79%7.18%
Blended rate7.34%7.42%
1st payment$1,812.36$1,828.46
2nd payment$0.00$0.00
Taxes / mo$317.08$317.08
Insurance / mo$150.00$150.00
MI / mo$127.55$53.98
HOA / mo$0.00$0.00
Total monthly$2,406.99$2,349.53
Cash to close$26,899$29,990