Realty with JP
Call Jerry

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$385,601$326,250
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.070%7.400%
Blended rate7.620%7.640%
1st payment$2,664.39$2,258.89
2nd payment$0.00$0.00
Taxes / mo$185.42$185.42
Insurance / mo$150.00$150.00
MI / mo$182.26$65.25
HOA / mo$84.00$84.00
Total monthly$3,266.07$2,743.56
Cash to close$0$36,250