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$213,387$213,387$319,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$106,113$0
Funding fee$1,067$1,067$0
Note rate2.800%2.800%7.320%
Blended rate2.800%4.527%7.560%
1st payment$987.58$987.58$2,194.74
2nd payment$0.00$707.42$0.00
Taxes / mo$154.83$154.83$154.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$69.00$69.00$69.00
Total monthly$1,361.41$2,068.83$2,632.48
Cash to close$141,613$35,500$35,500