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 · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$83,573$83,573$219,600
Remaining term (yrs)22.822.830.0
Secondary amount$0$136,027$0
Funding fee$418$418$0
Note rate3.800%3.800%7.320%
Blended rate3.800%6.402%7.560%
1st payment$455.65$455.65$1,508.50
2nd payment$0.00$906.84$0.00
Taxes / mo$70.32$70.32$70.32
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.92
HOA / mo$0.00$0.00$0.00
Total monthly$675.96$1,582.81$1,772.74
Cash to close$160,427$24,400$24,400