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	$255,278	$265,410
Remaining term (yrs)	27.0	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	7.070%	7.400%
Blended rate	7.620%	7.640%
1st payment	$1,765.69	$1,837.65
2nd payment	$0.00	$0.00
Taxes / mo	$275.26	$275.26
Insurance / mo	$150.00	$150.00
MI / mo	$120.79	$53.08
HOA / mo	$0.00	$0.00
Total monthly	$2,311.74	$2,315.99
Cash to close	$39,622	$29,490