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	$347,822	$351,000
Remaining term (yrs)	27.9	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.470%	7.400%
Blended rate	7.020%	7.640%
1st payment	$2,243.74	$2,430.25
2nd payment	$0.00	$0.00
Taxes / mo	$364.58	$364.58
Insurance / mo	$150.00	$150.00
MI / mo	$163.21	$70.20
HOA / mo	$135.00	$135.00
Total monthly	$3,056.54	$3,150.04
Cash to close	$42,178	$39,000