Travis Delly | UMe IDX

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$252,991	$247,500
Remaining term (yrs)	25.0	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	2.840%	7.400%
Blended rate	3.690%	7.640%
1st payment	$1,176.07	$1,713.64
2nd payment	$0.00	$0.00
Taxes / mo	$176.00	$176.00
Insurance / mo	$150.00	$150.00
MI / mo	$201.70	$49.50
HOA / mo	$400.00	$400.00
Total monthly	$2,103.77	$2,489.14
Cash to close	$22,009	$27,500