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	$260,745	$270,000
Remaining term (yrs)	28.0	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.320%	7.400%
Blended rate	6.870%	7.640%
1st payment	$1,655.12	$1,869.43
2nd payment	$0.00	$0.00
Taxes / mo	$242.99	$242.99
Insurance / mo	$150.00	$150.00
MI / mo	$122.30	$54.00
HOA / mo	$73.00	$73.00
Total monthly	$2,243.41	$2,389.41
Cash to close	$39,255	$30,000