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	$283,776	$283,776	$414,000
Remaining term (yrs)	25.2	25.2	30.0
Secondary amount	$0	$130,224	$0
Funding fee	$0	$0	$0
Note rate	3.100%	3.100%	7.400%
Blended rate	3.950%	5.224%	7.640%
1st payment	$1,348.65	$1,348.65	$2,866.45
2nd payment	$0.00	$868.16	$0.00
Taxes / mo	$157.50	$157.50	$157.50
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$223.71	$223.71	$82.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,896.54	$2,764.69	$3,273.42
Cash to close	$176,224	$46,000	$46,000