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$86,443$86,443$315,000
Remaining term (yrs)13.513.530.0
Secondary amount$0$228,557$0
Funding fee$0$0$0
Note rate5.25%5.25%7.11%
Blended rate6.1%7.297%7.35%
1st payment$742.81$742.81$2,119.03
2nd payment$0.00$1,476.10$0.00
Taxes / mo$336.83$336.83$336.83
Insurance / mo$150.00$150.00$150.00
MI / mo$95.28$95.28$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,324.93$2,801.03$2,668.86
Cash to close$263,557$35,000$35,000