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	$189,592	$189,592	$256,410
Remaining term (yrs)	25.6	25.6	30.0
Secondary amount	$0	$66,818	$0
Funding fee	$0	$0	$0
Note rate	4.980%	4.980%	7.400%
Blended rate	5.830%	6.656%	7.640%
1st payment	$1,089.95	$1,089.95	$1,775.33
2nd payment	$0.00	$501.13	$0.00
Taxes / mo	$61.75	$61.75	$61.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$144.15	$144.15	$51.28
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,445.84	$1,946.97	$2,038.36
Cash to close	$95,308	$28,490	$28,490