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	$102,468	$102,468	$285,300
Remaining term (yrs)	24.8	24.8	30.0
Secondary amount	$0	$182,832	$0
Funding fee	$0	$0	$0
Note rate	2.980%	2.980%	7.400%
Blended rate	3.830%	6.502%	7.640%
1st payment	$485.94	$485.94	$1,975.36
2nd payment	$0.00	$1,218.88	$0.00
Taxes / mo	$69.50	$69.50	$69.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$81.85	$81.85	$57.06
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$787.30	$2,006.17	$2,251.92
Cash to close	$214,532	$31,700	$31,700