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$201,654$201,654$413,799
Remaining term (yrs)20.920.930.0
Secondary amount$0$212,145$0
Funding fee$0$0$0
Note rate3.880%3.880%7.320%
Blended rate4.730%6.278%7.560%
1st payment$1,168.24$1,168.24$2,842.51
2nd payment$0.00$1,370.10$0.00
Taxes / mo$180.50$180.50$180.50
Insurance / mo$166.67$166.67$166.67
MI / mo$175.87$175.87$82.76
HOA / mo$66.67$66.67$66.67
Total monthly$1,757.94$3,128.05$3,339.11
Cash to close$258,123$45,978$45,978