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	$246,936	$246,936	$313,200
Remaining term (yrs)	24.5	24.5	30.0
Secondary amount	$0	$66,264	$0
Funding fee	$0	$0	$0
Note rate	3.080%	3.080%	7.400%
Blended rate	3.930%	5.003%	7.640%
1st payment	$1,191.91	$1,191.91	$2,168.53
2nd payment	$0.00	$496.98	$0.00
Taxes / mo	$366.83	$366.83	$366.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$198.22	$198.22	$62.64
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,906.96	$2,403.94	$2,748.01
Cash to close	$101,064	$34,800	$34,800