Cody Ramirez | UMe Realty Group

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$423,917	$400,500
Remaining term (yrs)	28.1	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.850%	7.400%
Blended rate	7.400%	7.640%
1st payment	$2,830.92	$2,772.98
2nd payment	$0.00	$0.00
Taxes / mo	$4.00	$4.00
Insurance / mo	$150.00	$150.00
MI / mo	$198.01	$80.10
HOA / mo	$112.00	$112.00
Total monthly	$3,294.93	$3,119.08
Cash to close	$21,083	$44,500