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	$80,210	$80,210	$324,000
Remaining term (yrs)	14.2	14.2	30.0
Secondary amount	$0	$243,790	$0
Funding fee	$0	$0	$0
Note rate	4.120%	4.120%	7.400%
Blended rate	4.970%	7.062%	7.640%
1st payment	$618.28	$618.28	$2,243.31
2nd payment	$0.00	$1,574.48	$0.00
Taxes / mo	$360.25	$360.25	$360.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$90.42	$90.42	$64.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,218.95	$2,793.43	$2,818.36
Cash to close	$279,790	$36,000	$36,000