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$226,728$226,728$304,200
Remaining term (yrs)25.225.230.0
Secondary amount$0$77,472$0
Funding fee$0$0$0
Note rate3.1%3.1%7.11%
Blended rate3.95%5.236%7.35%
1st payment$1,077.53$1,077.53$2,046.37
2nd payment$0.00$581.04$0.00
Taxes / mo$288.83$288.83$288.83
Insurance / mo$150.00$150.00$150.00
MI / mo$178.74$178.74$60.84
HOA / mo$185.00$185.00$185.00
Total monthly$1,880.11$2,461.14$2,731.05
Cash to close$111,272$33,800$33,800