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$324,938$324,938$521,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$196,972$0
Funding fee$0$0$0
Note rate2.71%2.71%7.11%
Blended rate3.56%5.236%7.35%
1st payment$1,517.29$1,517.29$3,510.92
2nd payment$0.00$1,313.15$0.00
Taxes / mo$369.00$369.00$369.00
Insurance / mo$166.67$166.67$166.67
MI / mo$264.63$264.63$104.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,317.59$3,630.74$4,150.97
Cash to close$254,962$57,990$57,990