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	$268,515	$268,515	$360,000
Remaining term (yrs)	24.5	24.5	30.0
Secondary amount	$0	$91,485	$0
Funding fee	$0	$0	$0
Note rate	3.180%	3.180%	7.400%
Blended rate	4.030%	5.293%	7.640%
1st payment	$1,313.04	$1,313.04	$2,492.57
2nd payment	$0.00	$686.14	$0.00
Taxes / mo	$135.17	$135.17	$135.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$215.61	$215.61	$72.00
HOA / mo	$42.00	$42.00	$42.00
Total monthly	$1,855.81	$2,541.95	$2,891.73
Cash to close	$131,485	$40,000	$40,000