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	$188,812	$188,812	$270,000
Remaining term (yrs)	22.8	22.8	30.0
Secondary amount	$0	$81,188	$0
Funding fee	$0	$0	$0
Note rate	3.800%	3.800%	7.400%
Blended rate	4.650%	5.958%	7.640%
1st payment	$1,029.41	$1,029.41	$1,869.43
2nd payment	$0.00	$608.91	$0.00
Taxes / mo	$362.83	$362.83	$362.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$156.49	$156.49	$54.00
HOA / mo	$85.00	$85.00	$85.00
Total monthly	$1,783.73	$2,392.64	$2,521.26
Cash to close	$111,188	$30,000	$30,000