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	$276,771	$278,550
Remaining term (yrs)	28.5	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.760%	7.400%
Blended rate	7.310%	7.640%
1st payment	$1,823.12	$1,928.62
2nd payment	$0.00	$0.00
Taxes / mo	$723.08	$723.08
Insurance / mo	$150.00	$150.00
MI / mo	$128.70	$55.71
HOA / mo	$0.00	$0.00
Total monthly	$2,824.91	$2,857.42
Cash to close	$32,729	$30,950