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	$331,036	$331,036	$360,000
Remaining term (yrs)	24.6	24.6	30.0
Secondary amount	$0	$28,964	$0
Funding fee	$0	$0	$0
Note rate	3.060%	3.060%	7.400%
Blended rate	3.910%	4.320%	7.640%
1st payment	$1,590.80	$1,590.80	$2,492.57
2nd payment	$0.00	$217.23	$0.00
Taxes / mo	$112.08	$112.08	$112.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$265.23	$265.23	$72.00
HOA / mo	$106.00	$106.00	$106.00
Total monthly	$2,224.11	$2,441.34	$2,932.65
Cash to close	$68,964	$40,000	$40,000