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$161,913$161,913$265,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$103,587$0
Funding fee$0$0$0
Note rate3.750%3.750%7.320%
Blended rate4.600%5.927%7.560%
1st payment$868.53$868.53$1,823.80
2nd payment$0.00$690.58$0.00
Taxes / mo$48.25$48.25$48.25
Insurance / mo$150.00$150.00$150.00
MI / mo$132.84$132.84$53.10
HOA / mo$258.00$258.00$258.00
Total monthly$1,457.62$2,148.20$2,333.15
Cash to close$133,087$29,500$29,500