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$76,554$76,554$314,910
Remaining term (yrs)18.018.030.0
Secondary amount$0$238,356$0
Funding fee$0$0$0
Note rate4.160%4.160%7.320%
Blended rate5.010%7.084%7.560%
1st payment$500.99$500.99$2,163.21
2nd payment$0.00$1,539.38$0.00
Taxes / mo$58.00$58.00$58.00
Insurance / mo$150.00$150.00$150.00
MI / mo$72.92$72.92$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$781.91$2,321.29$2,434.20
Cash to close$273,346$34,990$34,990