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$358,647$358,647$373,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$35,603$0
Funding fee$0$0$0
Note rate6.390%6.390%7.320%
Blended rate6.940%7.386%7.560%
1st payment$2,331.43$2,331.43$2,565.69
2nd payment$0.00$352.32$0.00
Taxes / mo$168.83$168.83$168.83
Insurance / mo$150.00$150.00$150.00
MI / mo$171.01$171.01$74.70
HOA / mo$17.08$17.08$17.08
Total monthly$2,838.35$3,190.68$2,976.30
Cash to close$56,353$20,750$41,500