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	$259,901	$259,901	$396,000
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$136,099	$0
Funding fee	$0	$0	$0
Note rate	2.890%	2.890%	7.400%
Blended rate	3.740%	5.204%	7.640%
1st payment	$1,246.35	$1,246.35	$2,741.82
2nd payment	$0.00	$907.33	$0.00
Taxes / mo	$324.58	$324.58	$324.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$212.37	$212.37	$79.20
HOA / mo	$80.00	$80.00	$80.00
Total monthly	$2,013.31	$2,920.63	$3,375.61
Cash to close	$180,099	$44,000	$44,000