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$565,066$565,066$719,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$154,034$0
Funding fee$2,825$2,825$0
Note rate5.540%5.540%7.320%
Blended rate5.540%6.067%7.560%
1st payment$3,421.81$3,421.81$4,939.72
2nd payment$0.00$1,026.90$0.00
Taxes / mo$115.75$115.75$115.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,754.22$4,781.12$5,415.95
Cash to close$233,934$79,900$79,900