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$294,210$294,210$369,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$74,790$0
Funding fee$0$0$0
Note rate4.420%4.420%7.240%
Blended rate5.270%6.026%7.480%
1st payment$1,601.77$1,601.77$2,514.73
2nd payment$0.00$560.93$0.00
Taxes / mo$83.08$83.08$83.08
Insurance / mo$150.00$150.00$150.00
MI / mo$226.04$226.04$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,060.89$2,621.82$2,821.61
Cash to close$115,790$41,000$41,000