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 · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$207,328$207,328$301,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$94,172$0
Funding fee$1,037$1,037$0
Note rate3.000%3.000%7.320%
Blended rate3.000%4.874%7.560%
1st payment$987.61$987.61$2,071.10
2nd payment$0.00$706.29$0.00
Taxes / mo$68.67$68.67$68.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$54.00$54.00$54.00
Total monthly$1,260.27$1,966.56$2,404.06
Cash to close$127,672$33,500$33,500