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$418,610$418,610$475,650
Remaining term (yrs)25.625.630.0
Secondary amount$0$57,040$0
Funding fee$0$0$0
Note rate5.11%5.11%7.18%
Blended rate5.96%6.325%7.42%
1st payment$2,442.39$2,442.39$3,222.22
2nd payment$0.00$427.80$0.00
Taxes / mo$171.17$171.17$171.17
Insurance / mo$166.67$166.67$166.67
MI / mo$318.27$318.27$95.13
HOA / mo$0.00$0.00$0.00
Total monthly$3,098.49$3,526.30$3,655.18
Cash to close$109,890$52,850$52,850