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$393,248$393,248$510,300
Remaining term (yrs)25.625.630.0
Secondary amount$0$117,052$0
Funding fee$0$0$0
Note rate4.98%4.98%7.18%
Blended rate5.83%6.328%7.42%
1st payment$2,264.36$2,264.36$3,456.95
2nd payment$0.00$780.35$0.00
Taxes / mo$142.83$142.83$142.83
Insurance / mo$166.67$166.67$166.67
MI / mo$299.46$299.46$102.06
HOA / mo$0.00$0.00$0.00
Total monthly$2,873.32$3,653.67$3,868.51
Cash to close$173,752$56,700$56,700