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$527,385$527,385$566,955
Remaining term (yrs)27.827.830.0
Secondary amount$0$39,570$0
Funding fee$0$0$0
Note rate6.920%6.920%7.320%
Blended rate7.470%7.577%7.560%
1st payment$3,559.89$3,559.89$3,894.59
2nd payment$0.00$296.78$0.00
Taxes / mo$289.67$289.67$289.67
Insurance / mo$166.67$166.67$166.67
MI / mo$247.24$247.24$113.39
HOA / mo$0.00$0.00$0.00
Total monthly$4,263.46$4,560.23$4,464.31
Cash to close$102,565$62,995$62,995