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	$185,233	$185,233	$342,000
Remaining term (yrs)	21.2	21.2	30.0
Secondary amount	$0	$156,767	$0
Funding fee	$0	$0	$0
Note rate	3.900%	3.900%	7.400%
Blended rate	4.750%	6.240%	7.640%
1st payment	$1,066.95	$1,066.95	$2,367.94
2nd payment	$0.00	$1,045.11	$0.00
Taxes / mo	$227.42	$227.42	$227.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$160.23	$160.23	$68.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,604.59	$2,649.70	$2,813.76
Cash to close	$194,767	$38,000	$38,000