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$332,106$332,106$359,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$27,804$0
Funding fee$0$0$0
Note rate2.87%2.87%7.18%
Blended rate3.72%4.128%7.42%
1st payment$1,552.52$1,552.52$2,438.16
2nd payment$0.00$208.53$0.00
Taxes / mo$99.08$99.08$99.08
Insurance / mo$150.00$150.00$150.00
MI / mo$265.23$265.23$71.98
HOA / mo$72.00$72.00$72.00
Total monthly$2,138.83$2,347.36$2,831.22
Cash to close$67,794$39,990$39,990