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$92,459$92,459$304,200
Remaining term (yrs)18.118.130.0
Secondary amount$0$211,741$0
Funding fee$0$0$0
Note rate4.040%4.040%7.400%
Blended rate4.890%6.881%7.640%
1st payment$597.46$597.46$2,106.22
2nd payment$0.00$1,367.50$0.00
Taxes / mo$157.67$157.67$157.67
Insurance / mo$150.00$150.00$150.00
MI / mo$88.22$88.22$60.84
HOA / mo$45.00$45.00$45.00
Total monthly$1,038.34$2,405.84$2,519.73
Cash to close$245,541$33,800$33,800