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$106,349$106,349$409,500
Remaining term (yrs)14.314.330.0
Secondary amount$0$303,151$0
Funding fee$0$0$0
Note rate4.710%4.710%7.320%
Blended rate5.560%7.181%7.560%
1st payment$844.64$844.64$2,812.98
2nd payment$0.00$1,957.85$0.00
Taxes / mo$172.75$172.75$172.75
Insurance / mo$166.67$166.67$166.67
MI / mo$115.22$115.22$81.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,299.28$3,257.13$3,234.30
Cash to close$348,651$45,500$45,500