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$94,879$94,879$292,005
Remaining term (yrs)16.316.330.0
Secondary amount$0$197,126$0
Funding fee$0$0$0
Note rate5.000%5.000%7.320%
Blended rate5.850%7.301%7.560%
1st payment$704.67$704.67$2,005.87
2nd payment$0.00$1,314.17$0.00
Taxes / mo$133.92$133.92$133.92
Insurance / mo$150.00$150.00$150.00
MI / mo$92.98$92.98$58.40
HOA / mo$125.00$125.00$125.00
Total monthly$1,206.57$2,520.74$2,473.19
Cash to close$229,571$32,445$32,445