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
Current Market Conventional
New · Conventional
Loan amount$225,123$211,500
Remaining term (yrs)23.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.020%7.320%
Blended rate3.870%7.560%
1st payment$1,099.82$1,452.86
2nd payment$0.00$0.00
Taxes / mo$197.75$197.75
Insurance / mo$150.00$150.00
MI / mo$184.31$42.30
HOA / mo$92.00$92.00
Total monthly$1,723.88$1,934.91
Cash to close$9,877$23,500