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$71,134$71,134$143,100
Remaining term (yrs)11.611.630.0
Secondary amount$0$71,966$0
Funding fee$0$0$0
Note rate6%6%7.18%
Blended rate6.85%7.931%7.42%
1st payment$707.73$707.73$969.41
2nd payment$0.00$539.75$0.00
Taxes / mo$144.50$144.50$144.50
Insurance / mo$150.00$150.00$150.00
MI / mo$83.61$83.61$28.62
HOA / mo$348.00$348.00$348.00
Total monthly$1,433.85$1,973.59$1,640.53
Cash to close$87,866$15,900$15,900