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$12,131$12,131$404,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$392,779$0
Funding fee$0$0$0
Note rate5.810%5.810%7.320%
Blended rate6.660%7.717%7.560%
1st payment$76.87$76.87$2,781.45
2nd payment$0.00$2,536.70$0.00
Taxes / mo$175.33$175.33$175.33
Insurance / mo$150.00$150.00$150.00
MI / mo$9.15$9.15$80.98
HOA / mo$63.00$63.00$63.00
Total monthly$474.35$3,011.05$3,250.77
Cash to close$437,769$44,990$44,990