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	$388,445	$373,500
Remaining term (yrs)	29.2	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.230%	7.400%
Blended rate	6.780%	7.640%
1st payment	$2,405.34	$2,586.04
2nd payment	$0.00	$0.00
Taxes / mo	$614.83	$614.83
Insurance / mo	$150.00	$150.00
MI / mo	$179.43	$74.70
HOA / mo	$343.67	$343.67
Total monthly	$3,693.27	$3,769.24
Cash to close	$26,555	$41,500