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$93,462$93,462$148,500
Remaining term (yrs)12.712.730.0
Secondary amount$0$55,038$0
Funding fee$0$0$0
Note rate5.5%5.5%7.18%
Blended rate6.35%7.332%7.42%
1st payment$847.40$847.40$1,005.99
2nd payment$0.00$412.79$0.00
Taxes / mo$224.33$224.33$224.33
Insurance / mo$150.00$150.00$150.00
MI / mo$105.72$105.72$29.70
HOA / mo$485.00$485.00$485.00
Total monthly$1,812.45$2,225.24$1,895.02
Cash to close$71,538$16,500$16,500