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	$212,534	$212,534	$287,910
Remaining term (yrs)	23.8	23.8	30.0
Secondary amount	$0	$75,376	$0
Funding fee	$0	$0	$0
Note rate	3.160%	3.160%	7.400%
Blended rate	4.010%	5.316%	7.640%
1st payment	$1,056.22	$1,056.22	$1,993.43
2nd payment	$0.00	$565.32	$0.00
Taxes / mo	$266.58	$266.58	$266.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$173.88	$173.88	$57.58
HOA / mo	$570.00	$570.00	$570.00
Total monthly	$2,216.68	$2,782.00	$3,037.60
Cash to close	$107,366	$31,990	$31,990