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$63,149$63,149$301,410
Remaining term (yrs)16.916.930.0
Secondary amount$0$238,261$0
Funding fee$0$0$0
Note rate4.460%4.460%7.320%
Blended rate5.310%7.239%7.560%
1st payment$440.70$440.70$2,070.48
2nd payment$0.00$1,538.77$0.00
Taxes / mo$79.08$79.08$79.08
Insurance / mo$150.00$150.00$150.00
MI / mo$61.90$61.90$60.28
HOA / mo$0.00$0.00$0.00
Total monthly$731.69$2,270.45$2,359.84
Cash to close$271,751$33,490$33,490