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	$198,549	$198,549	$301,410
Remaining term (yrs)	22.8	22.8	30.0
Secondary amount	$0	$102,861	$0
Funding fee	$0	$0	$0
Note rate	3.730%	3.730%	7.400%
Blended rate	4.580%	5.747%	7.640%
1st payment	$1,075.06	$1,075.06	$2,086.90
2nd payment	$0.00	$685.74	$0.00
Taxes / mo	$99.17	$99.17	$99.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$164.83	$164.83	$60.28
HOA / mo	$65.00	$65.00	$65.00
Total monthly	$1,554.06	$2,239.81	$2,461.35
Cash to close	$136,351	$33,490	$33,490