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	$167,134	$180,000
Remaining term (yrs)	26.1	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.900%	7.400%
Blended rate	7.750%	7.640%
1st payment	$1,149.96	$1,246.28
2nd payment	$0.00	$0.00
Taxes / mo	$184.33	$184.33
Insurance / mo	$150.00	$150.00
MI / mo	$123.68	$36.00
HOA / mo	$0.00	$0.00
Total monthly	$1,607.97	$1,616.62
Cash to close	$32,866	$20,000