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$59,117$59,117$233,730
Remaining term (yrs)16.116.130.0
Secondary amount$0$174,613$0
Funding fee$0$0$0
Note rate3.12%3.12%7.18%
Blended rate3.97%6.981%7.42%
1st payment$388.40$388.40$1,583.37
2nd payment$0.00$1,164.09$0.00
Taxes / mo$274.92$274.92$274.92
Insurance / mo$150.00$150.00$150.00
MI / mo$64.26$64.26$46.75
HOA / mo$0.00$0.00$0.00
Total monthly$877.58$2,041.67$2,055.03
Cash to close$200,583$25,970$25,970