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$89,836$89,836$346,500
Remaining term (yrs)16.316.330.0
Secondary amount$0$256,664$0
Funding fee$449$449$0
Note rate3.400%3.400%7.320%
Blended rate3.400%6.622%7.560%
1st payment$593.45$593.45$2,380.21
2nd payment$0.00$1,657.62$0.00
Taxes / mo$155.42$155.42$155.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$30.00$30.00$30.00
Total monthly$928.87$2,586.49$2,784.93
Cash to close$295,164$38,500$38,500