Expert Realtor Solutions
Call Jenny

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$313,183$313,183$391,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$78,317$0
Funding fee$0$0$0
Note rate3.11%3.11%7.18%
Blended rate3.96%4.968%7.42%
1st payment$1,496.54$1,496.54$2,652.16
2nd payment$0.00$587.38$0.00
Taxes / mo$143.50$143.50$143.50
Insurance / mo$150.00$150.00$150.00
MI / mo$247.93$247.93$78.30
HOA / mo$210.00$210.00$210.00
Total monthly$2,247.98$2,835.36$3,233.96
Cash to close$121,817$43,500$43,500