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$59,973$59,973$166,500
Remaining term (yrs)18.318.330.0
Secondary amount$0$106,527$0
Funding fee$0$0$0
Note rate3.670%3.670%7.240%
Blended rate4.520%6.747%7.480%
1st payment$373.73$373.73$1,134.69
2nd payment$0.00$710.18$0.00
Taxes / mo$92.00$92.00$92.00
Insurance / mo$150.00$150.00$150.00
MI / mo$57.73$57.73$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$673.46$1,383.64$1,409.99
Cash to close$125,027$18,500$18,500