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$290,577$290,577$391,500
Remaining term (yrs)27.227.230.0
Secondary amount$0$100,923$0
Funding fee$0$0$0
Note rate6.82%6.82%7.18%
Blended rate7.37%7.532%7.42%
1st payment$1,956.34$1,956.34$2,652.16
2nd payment$0.00$672.82$0.00
Taxes / mo$123.17$123.17$123.17
Insurance / mo$150.00$150.00$150.00
MI / mo$137.26$137.26$78.30
HOA / mo$36.00$36.00$36.00
Total monthly$2,402.77$3,075.59$3,039.62
Cash to close$144,423$43,500$43,500