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$147,077$147,077$333,000
Remaining term (yrs)20.720.730.0
Secondary amount$0$185,923$0
Funding fee$0$0$0
Note rate4.030%4.030%7.320%
Blended rate4.880%6.622%7.560%
1st payment$870.36$870.36$2,287.48
2nd payment$0.00$1,239.49$0.00
Taxes / mo$157.00$157.00$157.00
Insurance / mo$150.00$150.00$150.00
MI / mo$128.67$128.67$66.60
HOA / mo$80.00$80.00$80.00
Total monthly$1,386.03$2,625.52$2,741.08
Cash to close$222,923$37,000$37,000