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
Current Market Conventional
New · Conventional
Loan amount$246,399$256,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.690%7.320%
Blended rate4.540%7.560%
1st payment$1,241.32$1,761.98
2nd payment$0.00$0.00
Taxes / mo$46.58$46.58
Insurance / mo$150.00$150.00
MI / mo$191.26$51.30
HOA / mo$0.00$0.00
Total monthly$1,629.17$2,009.86
Cash to close$38,601$28,500