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$277,922$277,922$332,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$54,178$0
Funding fee$0$0$0
Note rate5.410%5.410%7.320%
Blended rate6.260%6.707%7.560%
1st payment$1,658.78$1,658.78$2,281.30
2nd payment$0.00$406.34$0.00
Taxes / mo$167.58$167.58$167.58
Insurance / mo$150.00$150.00$150.00
MI / mo$209.01$209.01$66.42
HOA / mo$73.00$73.00$73.00
Total monthly$2,258.37$2,664.71$2,738.30
Cash to close$91,078$36,900$36,900