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$337,162$337,162$382,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$45,338$0
Funding fee$0$0$0
Note rate6.540%6.540%7.320%
Blended rate7.090%7.316%7.560%
1st payment$2,229.07$2,229.07$2,627.51
2nd payment$0.00$340.03$0.00
Taxes / mo$163.58$163.58$163.58
Insurance / mo$150.00$150.00$150.00
MI / mo$160.97$160.97$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,703.62$3,043.65$3,017.59
Cash to close$87,838$42,500$42,500