UMe IDX
Contact

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 · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$131,530$131,530$216,000
Remaining term (yrs)20.520.530.0
Secondary amount$0$84,470$0
Funding fee$0$0$0
Note rate4.17%4.17%7.18%
Blended rate5.02%6.576%7.42%
1st payment$794.21$794.21$1,463.26
2nd payment$0.00$633.52$0.00
Taxes / mo$213.00$213.00$213.00
Insurance / mo$150.00$150.00$150.00
MI / mo$115.45$115.45$43.20
HOA / mo$336.00$336.00$336.00
Total monthly$1,608.67$2,242.19$2,205.46
Cash to close$108,470$24,000$24,000