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$69,652$69,652$337,500
Remaining term (yrs)7.07.030.0
Secondary amount$0$267,848$0
Funding fee$0$0$0
Note rate5.5%5.5%7.18%
Blended rate6.35%7.461%7.42%
1st payment$991.25$991.25$2,286.34
2nd payment$0.00$1,729.85$0.00
Taxes / mo$412.17$412.17$412.17
Insurance / mo$150.00$150.00$150.00
MI / mo$123.66$123.66$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,677.07$3,406.92$2,916.01
Cash to close$305,348$37,500$37,500