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$176,136$176,136$250,110
Remaining term (yrs)24.824.830.0
Secondary amount$0$73,974$0
Funding fee$0$0$0
Note rate2.780%2.780%7.320%
Blended rate3.630%5.218%7.560%
1st payment$815.24$815.24$1,718.08
2nd payment$0.00$554.81$0.00
Taxes / mo$22.75$22.75$22.75
Insurance / mo$150.00$150.00$150.00
MI / mo$140.90$140.90$50.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,128.89$1,683.70$1,940.85
Cash to close$101,764$27,790$27,790