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	$263,258	$269,100
Remaining term (yrs)	26.8	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.710%	7.400%
Blended rate	7.260%	7.640%
1st payment	$1,763.19	$1,863.19
2nd payment	$0.00	$0.00
Taxes / mo	$249.17	$249.17
Insurance / mo	$150.00	$150.00
MI / mo	$125.11	$53.82
HOA / mo	$0.00	$0.00
Total monthly	$2,287.46	$2,316.18
Cash to close	$35,742	$29,900