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$414,547$414,547$440,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$25,553$0
Funding fee$0$0$0
Note rate5.090%5.090%7.320%
Blended rate5.940%6.118%7.560%
1st payment$2,406.23$2,406.23$3,023.18
2nd payment$0.00$191.65$0.00
Taxes / mo$154.92$154.92$154.92
Insurance / mo$166.67$166.67$166.67
MI / mo$314.27$314.27$88.02
HOA / mo$175.00$175.00$175.00
Total monthly$3,217.09$3,408.74$3,607.78
Cash to close$74,453$48,900$48,900