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$496,251$496,251$540,000
Remaining term (yrs)28.328.330.0
Secondary amount$0$43,749$0
Funding fee$0$0$0
Note rate6.910%6.910%7.320%
Blended rate7.460%7.585%7.560%
1st payment$3,327.20$3,327.20$3,709.43
2nd payment$0.00$328.12$0.00
Taxes / mo$233.17$233.17$233.17
Insurance / mo$166.67$166.67$166.67
MI / mo$231.31$231.31$108.00
HOA / mo$115.67$115.67$115.67
Total monthly$4,074.01$4,402.13$4,332.93
Cash to close$103,749$60,000$60,000