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	$662,547	$646,200
Remaining term (yrs)	28.0	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.490%	7.400%
Blended rate	7.040%	7.640%
1st payment	$4,278.02	$4,474.16
2nd payment	$0.00	$0.00
Taxes / mo	$598.33	$598.33
Insurance / mo	$216.67	$216.67
MI / mo	$310.54	$129.24
HOA / mo	$117.00	$117.00
Total monthly	$5,520.56	$5,535.40
Cash to close	$55,453	$71,800