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$183,530$183,530$413,910
Remaining term (yrs)16.516.530.0
Secondary amount$0$230,380$0
Funding fee$0$0$0
Note rate3.75%3.75%7.18%
Blended rate4.6%6.353%7.42%
1st payment$1,239.95$1,239.95$2,803.97
2nd payment$0.00$1,487.87$0.00
Taxes / mo$396.17$396.17$396.17
Insurance / mo$166.67$166.67$166.67
MI / mo$189.65$189.65$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,992.44$3,480.31$3,449.59
Cash to close$276,370$45,990$45,990