UMe IDX
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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$498,519$498,519$1,125,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$626,481$0
Funding fee$0$0$0
Note rate5.130%5.130%7.400%
Blended rate5.980%6.966%7.640%
1st payment$2,896.49$2,896.49$7,789.27
2nd payment$0.00$4,046.02$0.00
Taxes / mo$1,041.67$1,041.67$1,041.67
Insurance / mo$216.67$216.67$216.67
MI / mo$376.60$376.60$225.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,531.42$8,577.45$9,272.61
Cash to close$751,481$125,000$125,000