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	$113,363	$113,363	$198,000
Remaining term (yrs)	18.6	18.6	30.0
Secondary amount	$0	$84,637	$0
Funding fee	$0	$0	$0
Note rate	3.500%	3.500%	7.400%
Blended rate	4.350%	6.338%	7.640%
1st payment	$687.82	$687.82	$1,370.91
2nd payment	$0.00	$634.78	$0.00
Taxes / mo	$217.33	$217.33	$217.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$108.50	$108.50	$39.60
HOA / mo	$384.00	$384.00	$384.00
Total monthly	$1,547.65	$2,182.43	$2,161.85
Cash to close	$106,637	$22,000	$22,000