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$213,986$213,986$359,100
Remaining term (yrs)22.822.830.0
Secondary amount$0$145,114$0
Funding fee$0$0$0
Note rate3.800%3.800%7.320%
Blended rate4.650%6.004%7.560%
1st payment$1,166.66$1,166.66$2,466.77
2nd payment$0.00$967.43$0.00
Taxes / mo$103.75$103.75$103.75
Insurance / mo$150.00$150.00$150.00
MI / mo$177.35$177.35$71.82
HOA / mo$198.00$198.00$198.00
Total monthly$1,795.77$2,763.19$2,990.34
Cash to close$185,014$39,900$39,900