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$189,414$189,414$247,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$58,086$0
Funding fee$0$0$0
Note rate3.23%3.23%7.11%
Blended rate4.08%5.235%7.35%
1st payment$952.66$952.66$1,664.95
2nd payment$0.00$435.65$0.00
Taxes / mo$310.33$310.33$310.33
Insurance / mo$150.00$150.00$150.00
MI / mo$155.44$155.44$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,568.44$2,004.08$2,174.78
Cash to close$85,586$27,500$27,500