Coldwell Banker Realty
Call Sacha

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$167,023$167,023$242,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$75,887$0
Funding fee$0$0$0
Note rate2.740%2.740%7.320%
Blended rate3.590%5.280%7.560%
1st payment$780.59$780.59$1,668.62
2nd payment$0.00$569.15$0.00
Taxes / mo$88.08$88.08$88.08
Insurance / mo$150.00$150.00$150.00
MI / mo$135.62$135.62$48.58
HOA / mo$48.00$48.00$48.00
Total monthly$1,202.29$1,771.44$2,003.29
Cash to close$102,877$26,990$26,990