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 · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$451,012$451,012$454,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$28,738$0
Funding fee$2,255$2,255$0
Note rate6.350%6.350%7.320%
Blended rate6.350%6.681%7.560%
1st payment$2,923.89$2,923.89$3,122.10
2nd payment$0.00$284.39$0.00
Taxes / mo$188.67$188.67$188.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.90
HOA / mo$112.00$112.00$112.00
Total monthly$3,391.22$3,675.61$3,680.33
Cash to close$53,988$25,250$50,500