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	$188,982	$202,500
Remaining term (yrs)	26.8	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.390%	7.400%
Blended rate	6.940%	7.640%
1st payment	$1,227.06	$1,402.07
2nd payment	$0.00	$0.00
Taxes / mo	$47.25	$47.25
Insurance / mo	$150.00	$150.00
MI / mo	$90.01	$40.50
HOA / mo	$0.00	$0.00
Total monthly	$1,514.32	$1,639.82
Cash to close	$36,018	$22,500