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	$347,882	$350,996
Remaining term (yrs)	25.8	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	5.520%	7.400%
Blended rate	6.370%	7.640%
1st payment	$2,105.46	$2,430.23
2nd payment	$0.00	$0.00
Taxes / mo	$325.00	$325.00
Insurance / mo	$150.00	$150.00
MI / mo	$262.08	$70.20
HOA / mo	$443.00	$443.00
Total monthly	$3,285.54	$3,418.42
Cash to close	$42,114	$39,000