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	$124,310	$124,310	$157,500
Remaining term (yrs)	23.8	23.8	30.0
Secondary amount	$0	$33,190	$0
Funding fee	$0	$0	$0
Note rate	3.230%	3.230%	7.400%
Blended rate	4.080%	5.117%	7.640%
1st payment	$622.32	$622.32	$1,090.50
2nd payment	$0.00	$248.93	$0.00
Taxes / mo	$157.67	$157.67	$157.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$101.54	$101.54	$31.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,031.53	$1,280.46	$1,429.66
Cash to close	$50,690	$17,500	$17,500