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	$240,563	$240,563	$315,000
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$74,437	$0
Funding fee	$0	$0	$0
Note rate	2.940%	2.940%	7.400%
Blended rate	3.790%	5.021%	7.640%
1st payment	$1,162.56	$1,162.56	$2,181.00
2nd payment	$0.00	$558.28	$0.00
Taxes / mo	$291.67	$291.67	$291.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$196.83	$196.83	$63.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,801.05	$2,359.32	$2,685.66
Cash to close	$109,437	$35,000	$35,000