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	$120,718	$120,718	$240,750
Remaining term (yrs)	18.4	18.4	30.0
Secondary amount	$0	$120,032	$0
Funding fee	$0	$0	$0
Note rate	3.710%	3.710%	7.400%
Blended rate	4.560%	6.275%	7.640%
1st payment	$750.03	$750.03	$1,666.90
2nd payment	$0.00	$800.21	$0.00
Taxes / mo	$496.95	$496.95	$496.95
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$115.28	$115.28	$48.15
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,512.25	$2,312.46	$2,362.00
Cash to close	$146,782	$26,750	$26,750