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	$196,488	$193,410
Remaining term (yrs)	24.2	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	2.840%	7.400%
Blended rate	3.690%	7.640%
1st payment	$932.75	$1,339.13
2nd payment	$0.00	$0.00
Taxes / mo	$79.67	$79.67
Insurance / mo	$150.00	$150.00
MI / mo	$159.97	$38.68
HOA / mo	$320.00	$320.00
Total monthly	$1,642.38	$1,927.48
Cash to close	$18,412	$21,490