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$143,492$143,492$369,000
Remaining term (yrs)11.111.130.0
Secondary amount$0$225,508$0
Funding fee$0$0$0
Note rate6.5%6.5%7.11%
Blended rate7.35%7.594%7.35%
1st payment$1,501.22$1,501.22$2,482.29
2nd payment$0.00$1,456.41$0.00
Taxes / mo$444.50$444.50$444.50
Insurance / mo$150.00$150.00$150.00
MI / mo$168.24$168.24$73.80
HOA / mo$100.00$100.00$100.00
Total monthly$2,363.96$3,820.37$3,250.59
Cash to close$266,508$41,000$41,000