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$165,874$165,874$215,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$49,226$0
Funding fee$0$0$0
Note rate2.81%2.81%7.18%
Blended rate3.66%4.882%7.42%
1st payment$781.15$781.15$1,457.16
2nd payment$0.00$369.19$0.00
Taxes / mo$50.00$50.00$50.00
Insurance / mo$150.00$150.00$150.00
MI / mo$134.49$134.49$43.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,115.64$1,484.83$1,700.18
Cash to close$73,126$23,900$23,900