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$189,402$189,402$215,999
Remaining term (yrs)25.725.730.0
Secondary amount$0$26,597$0
Funding fee$0$0$0
Note rate5.300%5.300%7.400%
Blended rate6.150%6.501%7.640%
1st payment$1,122.98$1,122.98$1,495.53
2nd payment$0.00$199.48$0.00
Taxes / mo$69.33$69.33$69.33
Insurance / mo$150.00$150.00$150.00
MI / mo$143.24$143.24$43.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,485.56$1,685.04$1,758.07
Cash to close$50,597$24,000$24,000