The Brokery
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$341,266$305,910
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.980%7.400%
Blended rate5.830%7.640%
1st payment$1,961.90$2,118.06
2nd payment$0.00$0.00
Taxes / mo$111.50$111.50
Insurance / mo$150.00$150.00
MI / mo$259.46$61.18
HOA / mo$56.00$56.00
Total monthly$2,538.87$2,496.74
Cash to close$0$33,990