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	$220,000	$220,000	$243,000
Remaining term (yrs)	25.1	25.1	30.0
Secondary amount	$0	$36,500	$0
Funding fee	$0	$0	$0
Note rate	3.090%	3.090%	7.400%
Blended rate	3.940%	5.069%	7.640%
1st payment	$1,046.68	$1,046.68	$1,682.48
2nd payment	$0.00	$361.20	$0.00
Taxes / mo	$224.83	$224.83	$224.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$173.84	$173.84	$48.60
HOA / mo	$254.00	$254.00	$254.00
Total monthly	$1,849.35	$2,210.55	$2,359.92
Cash to close	$50,000	$13,500	$27,000