Tony English

(303) 359-2915
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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$301,931$301,931$477,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$175,069$0
Funding fee$0$0$0
Note rate3.7%3.7%7.18%
Blended rate4.55%5.816%7.42%
1st payment$1,615.17$1,615.17$3,231.36
2nd payment$0.00$1,167.13$0.00
Taxes / mo$302.08$302.08$302.08
Insurance / mo$166.67$166.67$166.67
MI / mo$248.56$248.56$95.40
HOA / mo$23.75$23.75$23.75
Total monthly$2,356.22$3,523.35$3,819.26
Cash to close$228,069$53,000$53,000