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	$185,389	$185,389	$337,500
Remaining term (yrs)	20.0	20.0	30.0
Secondary amount	$0	$152,111	$0
Funding fee	$0	$0	$0
Note rate	2.950%	2.950%	7.400%
Blended rate	3.800%	5.693%	7.640%
1st payment	$1,017.32	$1,017.32	$2,336.78
2nd payment	$0.00	$1,014.07	$0.00
Taxes / mo	$263.42	$263.42	$263.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$152.79	$152.79	$67.50
HOA / mo	$40.92	$40.92	$40.92
Total monthly	$1,624.46	$2,638.53	$2,858.63
Cash to close	$189,611	$37,500	$37,500