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$295,813$295,813$378,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$82,187$0
Funding fee$0$0$0
Note rate3.180%3.180%7.320%
Blended rate4.030%5.111%7.560%
1st payment$1,440.10$1,440.10$2,596.60
2nd payment$0.00$616.40$0.00
Taxes / mo$87.25$87.25$87.25
Insurance / mo$150.00$150.00$150.00
MI / mo$236.47$236.47$75.60
HOA / mo$115.00$115.00$115.00
Total monthly$2,028.82$2,645.22$3,024.45
Cash to close$124,187$42,000$42,000