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$275,473$191,700
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.320%
Blended rate7.200%7.560%
1st payment$1,840.58$1,316.85
2nd payment$0.00$0.00
Taxes / mo$28.17$28.17
Insurance / mo$150.00$150.00
MI / mo$131.41$38.34
HOA / mo$324.00$324.00
Total monthly$2,474.16$1,857.35
Cash to close$0$21,300