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$411,284$301,500
Remaining term (yrs)23.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.320%
Blended rate6.900%7.560%
1st payment$2,781.54$2,071.10
2nd payment$0.00$0.00
Taxes / mo$107.50$107.50
Insurance / mo$150.00$150.00
MI / mo$191.46$60.30
HOA / mo$62.00$62.00
Total monthly$3,292.50$2,450.90
Cash to close$0$33,500