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	$235,432	$235,432	$372,600
Remaining term (yrs)	18.8	18.8	30.0
Secondary amount	$0	$137,168	$0
Funding fee	$0	$0	$0
Note rate	3.590%	3.590%	7.400%
Blended rate	4.440%	5.751%	7.640%
1st payment	$1,430.36	$1,430.36	$2,579.81
2nd payment	$0.00	$914.45	$0.00
Taxes / mo	$48.84	$48.84	$48.84
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$223.13	$223.13	$74.52
HOA / mo	$4.17	$4.17	$4.17
Total monthly	$1,856.50	$2,770.95	$2,857.34
Cash to close	$178,568	$41,400	$41,400