Travis Delly | UMe IDX

Travis Delly

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Assumable Loan + Second Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$218,458	$218,458	$382,500
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$164,042	$0
Funding fee	$0	$0	$0
Note rate	2.940%	2.940%	7.400%
Blended rate	3.790%	5.596%	7.640%
1st payment	$1,055.73	$1,055.73	$2,648.35
2nd payment	$0.00	$1,093.61	$0.00
Taxes / mo	$78.83	$78.83	$78.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$178.74	$178.74	$76.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,463.30	$2,556.92	$2,953.69
Cash to close	$206,542	$42,500	$42,500