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$214,686$214,686$292,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$77,814$0
Funding fee$0$0$0
Note rate2.710%2.710%7.320%
Blended rate3.560%5.007%7.560%
1st payment$1,004.90$1,004.90$2,009.27
2nd payment$0.00$583.60$0.00
Taxes / mo$62.75$62.75$62.75
Insurance / mo$150.00$150.00$150.00
MI / mo$175.27$175.27$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,392.91$1,976.51$2,280.52
Cash to close$110,314$32,500$32,500