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$243,382$243,382$463,500
Remaining term (yrs)20.020.030.0
Secondary amount$0$220,118$0
Funding fee$0$0$0
Note rate3.440%3.440%7.400%
Blended rate4.290%5.933%7.640%
1st payment$1,399.97$1,399.97$3,209.18
2nd payment$0.00$1,421.60$0.00
Taxes / mo$568.00$568.00$568.00
Insurance / mo$166.67$166.67$166.67
MI / mo$222.49$222.49$92.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,357.13$3,778.73$4,036.55
Cash to close$271,618$51,500$51,500