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$232,853$232,853$247,410
Remaining term (yrs)27.527.530.0
Secondary amount$0$28,302$0
Funding fee$0$0$0
Note rate6.82%6.82%7.18%
Blended rate7.37%7.858%7.42%
1st payment$1,562.85$1,562.85$1,676.04
2nd payment$0.00$280.07$0.00
Taxes / mo$262.92$262.92$262.92
Insurance / mo$150.00$150.00$150.00
MI / mo$109.65$109.65$49.48
HOA / mo$282.00$282.00$282.00
Total monthly$2,367.42$2,647.48$2,420.44
Cash to close$42,047$13,745$27,490