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	$195,484	$175,500
Remaining term (yrs)	25.0	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	2.860%	7.400%
Blended rate	3.710%	7.640%
1st payment	$910.76	$1,215.13
2nd payment	$0.00	$0.00
Taxes / mo	$276.00	$276.00
Insurance / mo	$150.00	$150.00
MI / mo	$155.79	$35.10
HOA / mo	$0.00	$0.00
Total monthly	$1,492.55	$1,676.23
Cash to close	$0	$19,500