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	$228,623	$228,623	$367,650
Remaining term (yrs)	23.2	23.2	30.0
Secondary amount	$0	$139,027	$0
Funding fee	$0	$0	$0
Note rate	3.700%	3.700%	7.400%
Blended rate	4.550%	5.855%	7.640%
1st payment	$1,220.25	$1,220.25	$2,545.53
2nd payment	$0.00	$926.84	$0.00
Taxes / mo	$989.58	$989.58	$989.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$187.79	$187.79	$73.53
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,547.62	$3,474.47	$3,758.65
Cash to close	$179,877	$40,850	$40,850