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$4,431$4,431$184,410
Remaining term (yrs)0.50.530.0
Secondary amount$0$179,979$0
Funding fee$0$0$0
Note rate7.980%7.980%7.320%
Blended rate8.830%8.020%7.560%
1st payment$570.62$570.62$1,266.77
2nd payment$0.00$1,199.86$0.00
Taxes / mo$60.83$60.83$60.83
Insurance / mo$150.00$150.00$150.00
MI / mo$55.19$55.19$36.88
HOA / mo$325.00$325.00$325.00
Total monthly$1,161.64$2,361.50$1,839.48
Cash to close$200,469$20,490$20,490