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	$218,540	$218,540	$405,000
Remaining term (yrs)	24.3	24.3	30.0
Secondary amount	$0	$186,460	$0
Funding fee	$0	$0	$0
Note rate	2.700%	2.700%	7.400%
Blended rate	3.550%	5.599%	7.640%
1st payment	$1,019.36	$1,019.36	$2,804.14
2nd payment	$0.00	$1,243.07	$0.00
Taxes / mo	$140.24	$140.24	$140.24
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$178.02	$178.02	$81.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,487.61	$2,730.68	$3,175.38
Cash to close	$231,460	$45,000	$45,000