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$221,824$221,824$391,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$169,676$0
Funding fee$0$0$0
Note rate2.500%2.500%7.320%
Blended rate3.350%5.365%7.560%
1st payment$1,009.77$1,009.77$2,689.33
2nd payment$0.00$1,131.17$0.00
Taxes / mo$153.75$153.75$153.75
Insurance / mo$0.00$0.00$0.00
MI / mo$181.02$181.02$78.30
HOA / mo$153.00$153.00$153.00
Total monthly$1,497.55$2,628.72$3,074.38
Cash to close$213,176$43,500$43,500