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$194,245$194,245$256,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$62,255$0
Funding fee$0$0$0
Note rate6.56%6.56%7.18%
Blended rate7.11%7.569%7.42%
1st payment$1,264.32$1,264.32$1,737.62
2nd payment$0.00$466.91$0.00
Taxes / mo$319.58$319.58$319.58
Insurance / mo$150.00$150.00$150.00
MI / mo$90.10$90.10$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,824.01$2,290.92$2,258.50
Cash to close$90,755$28,500$28,500