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	$311,920	$311,920	$364,500
Remaining term (yrs)	24.5	24.5	30.0
Secondary amount	$0	$52,580	$0
Funding fee	$0	$0	$0
Note rate	3.080%	3.080%	7.400%
Blended rate	3.930%	4.661%	7.640%
1st payment	$1,505.58	$1,505.58	$2,523.72
2nd payment	$0.00	$394.35	$0.00
Taxes / mo	$172.25	$172.25	$172.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$250.38	$250.38	$72.90
HOA / mo	$315.00	$315.00	$315.00
Total monthly	$2,393.21	$2,787.56	$3,233.87
Cash to close	$93,080	$40,500	$40,500