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	$417,843	$387,000
Remaining term (yrs)	26.3	30.0
Secondary amount	$0	$0
Funding fee	$2,089	$0
Note rate	4.875%	7.400%
Blended rate	4.875%	7.640%
1st payment	$2,346.52	$2,679.51
2nd payment	$0.00	$0.00
Taxes / mo	$206.08	$206.08
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$77.40
HOA / mo	$105.00	$105.00
Total monthly	$2,807.60	$3,217.99
Cash to close	$12,157	$43,000