UMe IDX
Contact

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$304,946$304,946$328,500
Remaining term (yrs)26.126.130.0
Secondary amount$0$41,804$0
Funding fee$0$0$0
Note rate7.08%7.08%7.18%
Blended rate7.93%8.406%7.42%
1st payment$2,133.65$2,133.65$2,225.37
2nd payment$0.00$413.68$0.00
Taxes / mo$407.00$407.00$407.00
Insurance / mo$150.00$150.00$150.00
MI / mo$225.34$225.34$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,916.00$3,329.68$2,848.07
Cash to close$60,054$18,250$36,500