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	$261,645	$267,210
Remaining term (yrs)	29.0	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.580%	7.400%
Blended rate	7.130%	7.640%
1st payment	$1,684.52	$1,850.11
2nd payment	$0.00	$0.00
Taxes / mo	$233.67	$233.67
Insurance / mo	$150.00	$150.00
MI / mo	$121.14	$53.44
HOA / mo	$0.00	$0.00
Total monthly	$2,189.32	$2,287.22
Cash to close	$35,255	$29,690