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$119,844$119,844$242,910
Remaining term (yrs)21.421.430.0
Secondary amount$0$123,066$0
Funding fee$0$0$0
Note rate4.380%4.380%7.320%
Blended rate5.230%6.633%7.560%
1st payment$716.17$716.17$1,668.62
2nd payment$0.00$820.44$0.00
Taxes / mo$46.58$46.58$46.58
Insurance / mo$150.00$150.00$150.00
MI / mo$101.54$101.54$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,014.30$1,834.74$1,913.79
Cash to close$150,056$26,990$26,990