Travis Delly | UMe IDX

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$324,665	$216,000
Remaining term (yrs)	26.8	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.690%	7.400%
Blended rate	7.240%	7.640%
1st payment	$2,170.29	$1,495.54
2nd payment	$0.00	$0.00
Taxes / mo	$350.08	$350.08
Insurance / mo	$150.00	$150.00
MI / mo	$154.31	$43.20
HOA / mo	$0.00	$0.00
Total monthly	$2,824.68	$2,038.82
Cash to close	$0	$24,000