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$192,013$192,013$323,910
Remaining term (yrs)22.622.630.0
Secondary amount$0$131,897$0
Funding fee$0$0$0
Note rate4.140%4.140%7.320%
Blended rate4.990%6.216%7.560%
1st payment$1,086.94$1,086.94$2,225.04
2nd payment$0.00$879.31$0.00
Taxes / mo$92.17$92.17$92.17
Insurance / mo$150.00$150.00$150.00
MI / mo$158.57$158.57$64.78
HOA / mo$86.67$86.67$86.67
Total monthly$1,574.35$2,453.66$2,618.66
Cash to close$167,887$35,990$35,990