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$89,312$89,312$337,500
Remaining term (yrs)27.627.630.0
Secondary amount$0$248,188$0
Funding fee$0$0$0
Note rate6.820%6.820%7.400%
Blended rate7.370%7.649%7.640%
1st payment$598.22$598.22$2,336.78
2nd payment$0.00$1,602.88$0.00
Taxes / mo$67.17$67.17$67.17
Insurance / mo$150.00$150.00$150.00
MI / mo$41.97$41.97$67.50
HOA / mo$263.00$263.00$263.00
Total monthly$1,120.36$2,723.24$2,884.45
Cash to close$285,688$37,500$37,500