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$123,096$123,096$355,500
Remaining term (yrs)20.320.330.0
Secondary amount$0$232,404$0
Funding fee$0$0$0
Note rate4.120%4.120%7.320%
Blended rate4.970%6.787%7.560%
1st payment$741.91$741.91$2,442.04
2nd payment$0.00$1,500.94$0.00
Taxes / mo$68.17$68.17$68.17
Insurance / mo$150.00$150.00$150.00
MI / mo$108.50$108.50$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,068.58$2,569.52$2,731.31
Cash to close$271,904$39,500$39,500