Cody Ramirez | UMe Realty Group

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · VA	Current Market Conventional New · Conventional
Loan amount	$380,889	$369,000
Remaining term (yrs)	25.3	30.0
Secondary amount	$0	$0
Funding fee	$1,904	$0
Note rate	3.100%	7.400%
Blended rate	3.100%	7.640%
1st payment	$1,806.28	$2,554.88
2nd payment	$0.00	$0.00
Taxes / mo	$198.42	$198.42
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$73.80
HOA / mo	$240.00	$240.00
Total monthly	$2,394.70	$3,217.10
Cash to close	$29,111	$41,000