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	$220,383	$220,383	$297,000
Remaining term (yrs)	23.0	23.0	30.0
Secondary amount	$0	$76,617	$0
Funding fee	$0	$0	$0
Note rate	3.610%	3.610%	7.400%
Blended rate	4.460%	5.631%	7.640%
1st payment	$1,171.04	$1,171.04	$2,056.37
2nd payment	$0.00	$574.63	$0.00
Taxes / mo	$143.50	$143.50	$143.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$182.22	$182.22	$59.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,646.76	$2,221.39	$2,409.27
Cash to close	$109,617	$33,000	$33,000