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$547,955$547,955$729,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$181,045$0
Funding fee$2,740$2,740$0
Note rate3.220%3.220%7.320%
Blended rate3.220%4.407%7.560%
1st payment$2,627.64$2,627.64$5,007.72
2nd payment$0.00$1,206.97$0.00
Taxes / mo$166.17$166.17$166.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$145.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,010.48$4,217.44$5,536.36
Cash to close$262,045$81,000$81,000