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	$225,710	$225,710	$414,000
Remaining term (yrs)	25.3	25.3	30.0
Secondary amount	$0	$188,290	$0
Funding fee	$0	$0	$0
Note rate	3.100%	3.100%	7.400%
Blended rate	3.950%	5.792%	7.640%
1st payment	$1,070.38	$1,070.38	$2,866.45
2nd payment	$0.00	$1,255.27	$0.00
Taxes / mo	$137.67	$137.67	$137.67
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$177.55	$177.55	$82.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,552.26	$2,807.53	$3,253.59
Cash to close	$234,290	$46,000	$46,000