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$113,695$113,695$359,100
Remaining term (yrs)18.818.830.0
Secondary amount$0$245,405$0
Funding fee$568$568$0
Note rate3.980%3.980%7.320%
Blended rate3.980%6.556%7.560%
1st payment$711.54$711.54$2,466.77
2nd payment$0.00$1,584.90$0.00
Taxes / mo$87.67$87.67$87.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$67.00$67.00$67.00
Total monthly$1,016.20$2,601.11$2,843.25
Cash to close$285,305$39,900$39,900