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	$203,901	$203,901	$360,000
Remaining term (yrs)	20.8	20.8	30.0
Secondary amount	$0	$156,099	$0
Funding fee	$0	$0	$0
Note rate	3.880%	3.880%	7.400%
Blended rate	4.730%	6.148%	7.640%
1st payment	$1,187.34	$1,187.34	$2,492.57
2nd payment	$0.00	$1,040.66	$0.00
Taxes / mo	$312.33	$312.33	$312.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$178.74	$178.74	$72.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,828.42	$2,869.08	$3,026.90
Cash to close	$196,099	$40,000	$40,000