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	$380,363	$382,500
Remaining term (yrs)	28.2	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.500%	7.400%
Blended rate	7.050%	7.640%
1st payment	$2,450.82	$2,648.35
2nd payment	$0.00	$0.00
Taxes / mo	$576.03	$576.03
Insurance / mo	$150.00	$150.00
MI / mo	$177.72	$76.50
HOA / mo	$51.00	$51.00
Total monthly	$3,405.57	$3,501.89
Cash to close	$44,637	$42,500