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	$269,138	$269,100
Remaining term (yrs)	28.0	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.500%	7.400%
Blended rate	7.050%	7.640%
1st payment	$1,737.73	$1,863.19
2nd payment	$0.00	$0.00
Taxes / mo	$55.25	$55.25
Insurance / mo	$150.00	$150.00
MI / mo	$126.01	$53.82
HOA / mo	$80.00	$80.00
Total monthly	$2,148.99	$2,202.26
Cash to close	$29,862	$29,900