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$205,604$205,604$225,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$31,896$0
Funding fee$0$0$0
Note rate3.02%3.02%7.18%
Blended rate3.87%4.945%7.42%
1st payment$981.53$981.53$1,524.23
2nd payment$0.00$315.63$0.00
Taxes / mo$551.00$551.00$551.00
Insurance / mo$150.00$150.00$150.00
MI / mo$164.49$164.49$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,847.02$2,162.65$2,270.23
Cash to close$44,396$12,500$25,000