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 · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$168,588$168,588$306,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$137,412$0
Funding fee$0$0$0
Note rate3.280%3.280%7.320%
Blended rate4.130%5.868%7.560%
1st payment$850.35$850.35$2,102.01
2nd payment$0.00$916.08$0.00
Taxes / mo$90.33$90.33$90.33
Insurance / mo$150.00$150.00$150.00
MI / mo$137.88$137.88$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,228.57$2,144.65$2,403.54
Cash to close$171,412$34,000$34,000