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$246,713$246,713$269,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$38,192$0
Funding fee$0$0$0
Note rate7.18%7.18%7.18%
Blended rate7.73%8.286%7.42%
1st payment$1,725.98$1,725.98$1,828.46
2nd payment$0.00$377.94$0.00
Taxes / mo$341.00$341.00$341.00
Insurance / mo$150.00$150.00$150.00
MI / mo$116.78$116.78$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,333.76$2,711.70$2,373.45
Cash to close$53,187$14,995$29,990