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$231,927$231,927$305,910
Remaining term (yrs)21.521.530.0
Secondary amount$0$73,983$0
Funding fee$0$0$0
Note rate4.46%4.46%7.11%
Blended rate5.31%6.202%7.35%
1st payment$1,396.11$1,396.11$2,057.88
2nd payment$0.00$554.87$0.00
Taxes / mo$375.00$375.00$375.00
Insurance / mo$150.00$150.00$150.00
MI / mo$196.09$196.09$61.18
HOA / mo$325.00$325.00$325.00
Total monthly$2,442.20$2,997.08$2,969.06
Cash to close$107,973$33,990$33,990