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	$91,389	$91,389	$216,000
Remaining term (yrs)	20.1	20.1	30.0
Secondary amount	$0	$124,611	$0
Funding fee	$0	$0	$0
Note rate	3.940%	3.940%	7.400%
Blended rate	4.790%	6.642%	7.640%
1st payment	$546.44	$546.44	$1,495.54
2nd payment	$0.00	$830.74	$0.00
Taxes / mo	$132.31	$132.31	$132.31
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$81.67	$81.67	$43.20
HOA / mo	$480.00	$480.00	$480.00
Total monthly	$1,390.42	$2,221.16	$2,301.05
Cash to close	$148,611	$24,000	$24,000