UMe Realty Group
Call Robert

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$400,667$371,700
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.910%7.320%
Blended rate7.460%7.560%
1st payment$2,686.34$2,553.32
2nd payment$0.00$0.00
Taxes / mo$13.50$13.50
Insurance / mo$150.00$150.00
MI / mo$186.76$74.34
HOA / mo$120.00$120.00
Total monthly$3,156.60$2,911.16
Cash to close$12,333$41,300