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$239,234$239,234$378,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$138,766$0
Funding fee$0$0$0
Note rate3.620%3.620%7.320%
Blended rate4.470%5.766%7.560%
1st payment$1,275.41$1,275.41$2,596.60
2nd payment$0.00$925.11$0.00
Taxes / mo$151.42$151.42$151.42
Insurance / mo$150.00$150.00$150.00
MI / mo$198.22$198.22$75.60
HOA / mo$68.00$68.00$68.00
Total monthly$1,843.05$2,768.15$3,041.61
Cash to close$180,766$42,000$42,000