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$283,288$283,288$629,910
Remaining term (yrs)23.023.030.0
Secondary amount$0$346,622$0
Funding fee$1,416$1,416$0
Note rate3.730%3.730%7.320%
Blended rate3.730%5.942%7.560%
1st payment$1,523.42$1,523.42$4,327.04
2nd payment$0.00$2,238.60$0.00
Taxes / mo$185.00$185.00$185.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$63.33$63.33$63.33
Total monthly$1,938.42$4,177.02$4,868.02
Cash to close$416,612$69,990$69,990