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$342,327$342,327$521,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$178,773$0
Funding fee$0$0$0
Note rate5.110%5.110%7.320%
Blended rate5.960%6.660%7.560%
1st payment$1,991.08$1,991.08$3,579.60
2nd payment$0.00$1,191.82$0.00
Taxes / mo$217.58$217.58$217.58
Insurance / mo$166.67$166.67$166.67
MI / mo$259.46$259.46$104.22
HOA / mo$153.50$153.50$153.50
Total monthly$2,788.29$3,980.11$4,221.57
Cash to close$236,673$57,900$57,900