UMe Realty Group
Call Robert

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$372,021$274,410
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.320%
Blended rate7.270%7.560%
1st payment$2,431.57$1,885.01
2nd payment$0.00$0.00
Taxes / mo$45.83$45.83
Insurance / mo$150.00$150.00
MI / mo$172.36$54.88
HOA / mo$85.00$85.00
Total monthly$2,884.76$2,220.72
Cash to close$0$30,490