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$186,239$186,239$243,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$56,761$0
Funding fee$0$0$0
Note rate3.18%3.18%7.18%
Blended rate4.03%5.191%7.42%
1st payment$931.83$931.83$1,646.17
2nd payment$0.00$425.71$0.00
Taxes / mo$422.25$422.25$422.25
Insurance / mo$150.00$150.00$150.00
MI / mo$153.01$153.01$48.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,657.09$2,082.80$2,267.02
Cash to close$83,761$27,000$27,000