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$281,549$281,549$355,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$73,951$0
Funding fee$0$0$0
Note rate2.730%2.730%7.320%
Blended rate3.580%4.707%7.560%
1st payment$1,305.07$1,305.07$2,442.04
2nd payment$0.00$554.63$0.00
Taxes / mo$80.75$80.75$80.75
Insurance / mo$150.00$150.00$150.00
MI / mo$227.03$227.03$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,762.85$2,317.48$2,743.89
Cash to close$113,451$39,500$39,500