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$556,228$556,228$882,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$325,772$0
Funding fee$2,781$2,781$0
Note rate2.960%2.960%7.320%
Blended rate2.960%4.729%7.560%
1st payment$2,638.05$2,638.05$6,058.73
2nd payment$0.00$2,103.94$0.00
Taxes / mo$366.25$366.25$366.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$176.40
HOA / mo$196.00$196.00$196.00
Total monthly$3,416.97$5,520.91$7,014.04
Cash to close$423,772$98,000$98,000