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$191,742$191,742$315,000
Remaining term (yrs)22.622.630.0
Secondary amount$0$123,258$0
Funding fee$0$0$0
Note rate4.080%4.080%7.320%
Blended rate4.930%6.131%7.560%
1st payment$1,079.14$1,079.14$2,163.83
2nd payment$0.00$821.72$0.00
Taxes / mo$92.17$92.17$92.17
Insurance / mo$150.00$150.00$150.00
MI / mo$158.57$158.57$63.00
HOA / mo$105.00$105.00$105.00
Total monthly$1,584.88$2,406.60$2,574.00
Cash to close$158,258$35,000$35,000