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	$231,912	$232,200
Remaining term (yrs)	28.8	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.670%	7.400%
Blended rate	7.220%	7.640%
1st payment	$1,509.61	$1,607.71
2nd payment	$0.00	$0.00
Taxes / mo	$260.92	$260.92
Insurance / mo	$150.00	$150.00
MI / mo	$107.56	$46.44
HOA / mo	$730.00	$730.00
Total monthly	$2,758.09	$2,795.06
Cash to close	$26,088	$25,800