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$218,487$218,487$270,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$51,513$0
Funding fee$0$0$0
Note rate3.13%3.13%7.11%
Blended rate3.98%4.938%7.35%
1st payment$1,090.09$1,090.09$1,816.31
2nd payment$0.00$386.35$0.00
Taxes / mo$245.33$245.33$245.33
Insurance / mo$150.00$150.00$150.00
MI / mo$180.13$180.13$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,665.55$2,051.90$2,265.64
Cash to close$81,513$30,000$30,000