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$202,298$202,298$332,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$129,802$0
Funding fee$0$0$0
Note rate2.72%2.72%7.18%
Blended rate3.57%5.301%7.42%
1st payment$947.94$947.94$2,249.76
2nd payment$0.00$865.35$0.00
Taxes / mo$300.25$300.25$300.25
Insurance / mo$150.00$150.00$150.00
MI / mo$165.12$165.12$66.42
HOA / mo$450.00$450.00$450.00
Total monthly$2,013.31$2,878.65$3,216.43
Cash to close$166,702$36,900$36,900