UMe Realty Group
Call Robert

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$427,350$427,350$683,910
Remaining term (yrs)28.328.330.0
Secondary amount$0$256,560$0
Funding fee$0$0$0
Note rate0.000%0.000%7.320%
Blended rate0.550%3.251%7.560%
1st payment$1,187.08$1,187.08$4,697.99
2nd payment$0.00$1,656.95$0.00
Taxes / mo$187.00$187.00$187.00
Insurance / mo$216.67$216.67$216.67
MI / mo$195.87$195.87$136.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,786.62$3,443.57$5,238.44
Cash to close$332,550$75,990$75,990