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$161,491$161,491$306,000
Remaining term (yrs)22.322.330.0
Secondary amount$0$144,509$0
Funding fee$807$807$0
Note rate4.620%4.620%7.320%
Blended rate4.620%6.216%7.560%
1st payment$964.99$964.99$2,102.01
2nd payment$0.00$963.40$0.00
Taxes / mo$85.75$85.75$85.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$29.33$29.33$29.33
Total monthly$1,230.07$2,193.46$2,428.29
Cash to close$178,509$34,000$34,000