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$178,062$178,062$395,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$217,038$0
Funding fee$0$0$0
Note rate2.960%2.960%7.400%
Blended rate3.810%5.974%7.640%
1st payment$846.43$846.43$2,735.59
2nd payment$0.00$1,401.71$0.00
Taxes / mo$218.25$218.25$218.25
Insurance / mo$150.00$150.00$150.00
MI / mo$142.94$142.94$79.02
HOA / mo$69.00$69.00$69.00
Total monthly$1,426.62$2,828.32$3,251.86
Cash to close$260,938$43,900$43,900