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$165,660$165,660$279,000
Remaining term (yrs)21.721.730.0
Secondary amount$0$113,340$0
Funding fee$0$0$0
Note rate4.660%4.660%7.320%
Blended rate5.510%6.522%7.560%
1st payment$1,008.70$1,008.70$1,916.54
2nd payment$0.00$755.60$0.00
Taxes / mo$91.92$91.92$91.92
Insurance / mo$150.00$150.00$150.00
MI / mo$138.40$138.40$55.80
HOA / mo$104.33$104.33$104.33
Total monthly$1,493.35$2,248.95$2,318.58
Cash to close$144,340$31,000$31,000