UMe Realty Group
Call Robert

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$312,414$257,000
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.220%7.320%
Blended rate6.070%7.560%
1st payment$1,831.88$1,765.41
2nd payment$0.00$0.00
Taxes / mo$158.00$158.00
Insurance / mo$150.00$150.00
MI / mo$235.78$51.40
HOA / mo$76.00$76.00
Total monthly$2,451.65$2,200.81
Cash to close$0$28,556