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	$119,380	$119,380	$323,100
Remaining term (yrs)	24.2	24.2	30.0
Secondary amount	$0	$203,720	$0
Funding fee	$0	$0	$0
Note rate	2.890%	2.890%	7.400%
Blended rate	3.740%	6.268%	7.640%
1st payment	$569.77	$569.77	$2,237.08
2nd payment	$0.00	$1,315.69	$0.00
Taxes / mo	$660.33	$660.33	$660.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$97.09	$97.09	$64.62
HOA / mo	$98.33	$98.33	$98.33
Total monthly	$1,575.52	$2,891.22	$3,210.36
Cash to close	$239,620	$35,900	$35,900