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$190,791$190,791$236,250
Remaining term (yrs)23.723.730.0
Secondary amount$0$45,459$0
Funding fee$0$0$0
Note rate3.150%3.150%7.400%
Blended rate4.000%4.962%7.640%
1st payment$949.39$949.39$1,635.75
2nd payment$0.00$340.94$0.00
Taxes / mo$171.58$171.58$171.58
Insurance / mo$150.00$150.00$150.00
MI / mo$156.49$156.49$47.25
HOA / mo$48.00$48.00$48.00
Total monthly$1,475.46$1,816.41$2,052.58
Cash to close$71,709$26,250$26,250