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$520,465$520,465$625,500
Remaining term (yrs)29.129.130.0
Secondary amount$0$105,035$0
Funding fee$2,602$2,602$0
Note rate6.300%6.300%7.320%
Blended rate6.300%6.585%7.560%
1st payment$3,249.61$3,249.61$4,296.75
2nd payment$0.00$700.23$0.00
Taxes / mo$34.17$34.17$34.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.10
HOA / mo$175.00$175.00$175.00
Total monthly$3,625.44$4,325.67$4,797.68
Cash to close$174,535$69,500$69,500