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$234,495$234,495$400,500
Remaining term (yrs)19.119.130.0
Secondary amount$0$166,005$0
Funding fee$0$0$0
Note rate3.800%3.800%7.400%
Blended rate4.650%6.039%7.640%
1st payment$1,432.82$1,432.82$2,772.98
2nd payment$0.00$1,106.70$0.00
Taxes / mo$77.17$77.17$77.17
Insurance / mo$150.00$150.00$150.00
MI / mo$217.81$217.81$80.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,877.80$2,984.50$3,080.25
Cash to close$210,505$44,500$44,500