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$201,715$201,715$382,499
Remaining term (yrs)20.920.930.0
Secondary amount$0$180,784$0
Funding fee$0$0$0
Note rate3.890%3.890%7.320%
Blended rate4.740%6.281%7.560%
1st payment$1,169.66$1,169.66$2,627.50
2nd payment$0.00$1,205.23$0.00
Taxes / mo$180.50$180.50$180.50
Insurance / mo$150.00$150.00$150.00
MI / mo$175.87$175.87$76.50
HOA / mo$66.67$66.67$66.67
Total monthly$1,742.70$2,947.92$3,101.17
Cash to close$223,284$42,500$42,500