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	$274,330	$269,100
Remaining term (yrs)	28.1	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.600%	7.400%
Blended rate	7.150%	7.640%
1st payment	$1,787.20	$1,863.19
2nd payment	$0.00	$0.00
Taxes / mo	$61.08	$61.08
Insurance / mo	$150.00	$150.00
MI / mo	$128.26	$53.82
HOA / mo	$94.00	$94.00
Total monthly	$2,220.55	$2,222.10
Cash to close	$24,670	$29,900