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$164,034$164,034$427,500
Remaining term (yrs)15.215.230.0
Secondary amount$0$263,466$0
Funding fee$0$0$0
Note rate3.75%3.75%7.11%
Blended rate4.6%6.541%7.35%
1st payment$1,173.58$1,173.58$2,875.82
2nd payment$0.00$1,701.55$0.00
Taxes / mo$380.83$380.83$380.83
Insurance / mo$166.67$166.67$166.67
MI / mo$179.50$179.50$85.50
HOA / mo$31.25$31.25$31.25
Total monthly$1,931.82$3,633.37$3,540.07
Cash to close$310,966$47,500$47,500