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$181,498$181,498$391,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$210,002$0
Funding fee$0$0$0
Note rate2.800%2.800%7.320%
Blended rate3.650%5.849%7.560%
1st payment$841.92$841.92$2,689.33
2nd payment$0.00$1,356.26$0.00
Taxes / mo$115.33$115.33$115.33
Insurance / mo$150.00$150.00$150.00
MI / mo$145.14$145.14$78.30
HOA / mo$68.00$68.00$68.00
Total monthly$1,320.39$2,676.66$3,100.97
Cash to close$253,502$43,500$43,500