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$18,335$18,335$331,200
Remaining term (yrs)1.51.530.0
Secondary amount$0$312,865$0
Funding fee$0$0$0
Note rate2.76%2.76%7.18%
Blended rate3.61%7.521%7.42%
1st payment$987.34$987.34$2,243.66
2nd payment$0.00$2,020.59$0.00
Taxes / mo$307.17$307.17$307.17
Insurance / mo$150.00$150.00$150.00
MI / mo$102.98$102.98$66.24
HOA / mo$0.00$0.00$0.00
Total monthly$1,547.49$3,568.08$2,767.07
Cash to close$349,665$36,800$36,800