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$262,008$262,008$319,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$57,492$0
Funding fee$0$0$0
Note rate3.560%3.560%7.320%
Blended rate4.410%5.236%7.560%
1st payment$1,304.08$1,304.08$2,194.74
2nd payment$0.00$431.19$0.00
Taxes / mo$130.17$130.17$130.17
Insurance / mo$150.00$150.00$150.00
MI / mo$204.18$204.18$63.90
HOA / mo$253.00$253.00$253.00
Total monthly$2,041.43$2,472.61$2,791.81
Cash to close$92,992$35,500$35,500