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	$197,137	$197,137	$413,100
Remaining term (yrs)	23.7	23.7	30.0
Secondary amount	$0	$215,963	$0
Funding fee	$0	$0	$0
Note rate	3.240%	3.240%	7.400%
Blended rate	4.090%	6.003%	7.640%
1st payment	$990.23	$990.23	$2,860.22
2nd payment	$0.00	$1,394.76	$0.00
Taxes / mo	$264.25	$264.25	$264.25
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$161.37	$161.37	$82.62
HOA / mo	$37.92	$37.92	$37.92
Total monthly	$1,620.44	$3,015.19	$3,411.68
Cash to close	$261,863	$45,900	$45,900