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	$224,541	$225,000
Remaining term (yrs)	26.5	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.260%	7.400%
Blended rate	6.810%	7.640%
1st payment	$1,446.44	$1,557.85
2nd payment	$0.00	$0.00
Taxes / mo	$77.50	$77.50
Insurance / mo	$150.00	$150.00
MI / mo	$107.56	$45.00
HOA / mo	$215.00	$215.00
Total monthly	$1,996.49	$2,045.35
Cash to close	$25,459	$25,000