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Assumption Comparison
Purchase Price:
Existing Mortgage
Mortgage Amount:
Interest Rate:
Term (Years):
30
15
Payments Made:
New Mortgage
Down Payment:
20%
15%
10%
5%
3.5%
0%
Interest Rate:
Term (Years):
30
15
Second Mortgage After Assumption
Interest Rate:
Term (Years):
30
15
Holding Period:
Appreciation Rate:
Bill Flagg
CRB, CRS, E-PRO
ERA Queen City Realty
Scotch Plains, NJ
(908) 377-7700
8240797
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