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$126,288$126,288$436,499
Remaining term (yrs)16.016.030.0
Secondary amount$0$310,211$0
Funding fee$0$0$0
Note rate3.400%3.400%7.320%
Blended rate4.250%6.737%7.560%
1st payment$847.08$847.08$2,998.45
2nd payment$0.00$2,003.45$0.00
Taxes / mo$194.75$194.75$194.75
Insurance / mo$166.67$166.67$166.67
MI / mo$135.30$135.30$87.30
HOA / mo$133.00$133.00$133.00
Total monthly$1,476.80$3,480.24$3,580.16
Cash to close$358,711$48,500$48,500