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$108,267$108,267$252,000
Remaining term (yrs)17.917.930.0
Secondary amount$0$143,733$0
Funding fee$0$0$0
Note rate3.87%3.87%7.18%
Blended rate4.72%6.591%7.42%
1st payment$696.70$696.70$1,707.14
2nd payment$0.00$958.22$0.00
Taxes / mo$450.00$450.00$450.00
Insurance / mo$150.00$150.00$150.00
MI / mo$105.01$105.01$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,401.71$2,359.93$2,357.54
Cash to close$171,733$28,000$28,000