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 · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$280,018$280,018$292,500
Remaining term (yrs)29.529.530.0
Secondary amount$0$28,732$0
Funding fee$1,400$1,400$0
Note rate6.220%6.220%7.240%
Blended rate6.220%6.746%7.480%
1st payment$1,726.99$1,726.99$1,993.38
2nd payment$0.00$284.32$0.00
Taxes / mo$110.50$110.50$110.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,987.49$2,271.81$2,312.38
Cash to close$44,982$16,250$32,500