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$358,252$358,252$413,998
Remaining term (yrs)26.526.530.0
Secondary amount$0$55,746$0
Funding fee$0$0$0
Note rate6.540%6.540%7.400%
Blended rate7.090%7.347%7.640%
1st payment$2,368.50$2,368.50$2,866.44
2nd payment$0.00$418.09$0.00
Taxes / mo$226.58$226.58$226.58
Insurance / mo$166.67$166.67$166.67
MI / mo$171.04$171.04$82.80
HOA / mo$114.00$114.00$114.00
Total monthly$3,046.79$3,464.88$3,456.49
Cash to close$101,746$46,000$46,000