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$334,708$334,708$391,500
Remaining term (yrs)29.529.530.0
Secondary amount$0$56,792$0
Funding fee$0$0$0
Note rate6.37%6.37%7.11%
Blended rate6.92%7.222%7.35%
1st payment$2,096.87$2,096.87$2,633.65
2nd payment$0.00$425.94$0.00
Taxes / mo$477.00$477.00$477.00
Insurance / mo$150.00$150.00$150.00
MI / mo$154.13$154.13$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,878.00$3,303.94$3,338.95
Cash to close$100,292$43,500$43,500