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$1,399$1,399$337,500
Remaining term (yrs)0.00.030.0
Secondary amount$0$336,101$0
Funding fee$7$7$0
Note rate7.880%7.880%7.320%
Blended rate7.880%7.751%7.560%
1st payment$706.63$706.63$2,318.39
2nd payment$0.00$2,170.65$0.00
Taxes / mo$117.42$117.42$117.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$974.04$3,144.69$2,653.31
Cash to close$373,601$37,500$37,500