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$118,684$118,684$287,865
Remaining term (yrs)23.323.330.0
Secondary amount$0$169,181$0
Funding fee$593$593$0
Note rate3.680%3.680%7.320%
Blended rate3.680%6.219%7.560%
1st payment$630.77$630.77$1,977.43
2nd payment$0.00$1,127.87$0.00
Taxes / mo$105.17$105.17$105.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.57
HOA / mo$0.00$0.00$0.00
Total monthly$885.94$2,013.81$2,290.17
Cash to close$201,166$31,985$31,985