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$133,862$133,862$381,591
Remaining term (yrs)18.418.430.0
Secondary amount$0$247,729$0
Funding fee$0$0$0
Note rate3.76%3.76%7.18%
Blended rate4.61%6.648%7.42%
1st payment$837.72$837.72$2,585.03
2nd payment$0.00$1,599.92$0.00
Taxes / mo$182.75$182.75$182.75
Insurance / mo$150.00$150.00$150.00
MI / mo$127.97$127.97$76.32
HOA / mo$71.67$71.67$71.67
Total monthly$1,370.12$2,970.03$3,065.77
Cash to close$290,128$42,399$42,399