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$373,749$373,749$494,910
Remaining term (yrs)27.127.130.0
Secondary amount$0$121,161$0
Funding fee$0$0$0
Note rate7.790%7.790%7.320%
Blended rate8.340%8.257%7.560%
1st payment$2,758.75$2,758.75$3,399.69
2nd payment$0.00$807.74$0.00
Taxes / mo$142.58$142.58$142.58
Insurance / mo$166.67$166.67$166.67
MI / mo$175.82$175.82$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,243.81$4,051.55$3,807.92
Cash to close$176,151$54,990$54,990