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$640,484$640,484$791,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$151,426$0
Funding fee$3,202$3,202$0
Note rate3.220%3.220%7.320%
Blended rate3.220%4.134%7.560%
1st payment$3,077.85$3,077.85$5,439.87
2nd payment$0.00$1,009.51$0.00
Taxes / mo$357.42$357.42$357.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$158.38
HOA / mo$0.00$0.00$0.00
Total monthly$3,651.94$4,661.44$6,172.34
Cash to close$239,416$87,990$87,990