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	$275,356	$275,356	$399,600
Remaining term (yrs)	23.1	23.1	30.0
Secondary amount	$0	$124,244	$0
Funding fee	$0	$0	$0
Note rate	3.690%	3.690%	7.400%
Blended rate	4.540%	5.616%	7.640%
1st payment	$1,471.53	$1,471.53	$2,766.75
2nd payment	$0.00	$828.29	$0.00
Taxes / mo	$743.17	$743.17	$743.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$226.73	$226.73	$79.92
HOA / mo	$10.83	$10.83	$10.83
Total monthly	$2,602.26	$3,430.55	$3,750.67
Cash to close	$168,644	$44,400	$44,400