Realty with JP
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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$270,759$270,759$364,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$93,741$0
Funding fee$0$0$0
Note rate3.080%3.080%7.400%
Blended rate3.930%5.234%7.640%
1st payment$1,306.90$1,306.90$2,523.72
2nd payment$0.00$703.06$0.00
Taxes / mo$182.83$182.83$182.83
Insurance / mo$150.00$150.00$150.00
MI / mo$217.34$217.34$72.90
HOA / mo$66.67$66.67$66.67
Total monthly$1,923.74$2,626.80$2,996.13
Cash to close$134,241$40,500$40,500