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	$216,141	$220,500
Remaining term (yrs)	27.9	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.850%	7.400%
Blended rate	7.400%	7.640%
1st payment	$1,447.62	$1,526.70
2nd payment	$0.00	$0.00
Taxes / mo	$267.61	$267.61
Insurance / mo	$150.00	$150.00
MI / mo	$101.26	$44.10
HOA / mo	$16.67	$16.67
Total monthly	$1,983.16	$2,005.08
Cash to close	$28,859	$24,500