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$446,382$436,500
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.440%7.400%
Blended rate7.990%7.640%
1st payment$3,187.30$3,022.24
2nd payment$0.00$0.00
Taxes / mo$169.92$169.92
Insurance / mo$166.67$166.67
MI / mo$210.16$87.30
HOA / mo$137.00$137.00
Total monthly$3,871.04$3,583.12
Cash to close$38,618$48,500