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	$702,803	$674,550
Remaining term (yrs)	29.4	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.150%	7.400%
Blended rate	6.700%	7.640%
1st payment	$4,306.99	$4,670.45
2nd payment	$0.00	$0.00
Taxes / mo	$624.58	$624.58
Insurance / mo	$216.67	$216.67
MI / mo	$324.02	$134.91
HOA / mo	$0.00	$0.00
Total monthly	$5,472.27	$5,646.61
Cash to close	$46,697	$74,950