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$351,666$351,666$358,470
Remaining term (yrs)28.728.730.0
Secondary amount$0$26,719$0
Funding fee$1,758$1,758$0
Note rate6.890%6.890%7.320%
Blended rate6.890%7.242%7.560%
1st payment$2,342.24$2,342.24$2,462.44
2nd payment$0.00$264.41$0.00
Taxes / mo$130.75$130.75$130.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.69
HOA / mo$96.00$96.00$96.00
Total monthly$2,718.99$2,983.40$2,910.88
Cash to close$46,634$19,915$39,830