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$186,936$186,936$269,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$82,164$0
Funding fee$0$0$0
Note rate3.030%3.030%7.320%
Blended rate3.880%5.443%7.560%
1st payment$914.23$914.23$1,848.53
2nd payment$0.00$616.23$0.00
Taxes / mo$178.42$178.42$178.42
Insurance / mo$150.00$150.00$150.00
MI / mo$153.01$153.01$53.82
HOA / mo$193.00$193.00$193.00
Total monthly$1,588.65$2,204.89$2,423.77
Cash to close$112,064$29,900$29,900