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	$228,764	$228,764	$252,000
Remaining term (yrs)	25.1	25.1	30.0
Secondary amount	$0	$37,236	$0
Funding fee	$0	$0	$0
Note rate	3.070%	3.070%	7.400%
Blended rate	3.920%	5.034%	7.640%
1st payment	$1,085.97	$1,085.97	$1,744.80
2nd payment	$0.00	$368.48	$0.00
Taxes / mo	$70.33	$70.33	$70.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$180.83	$180.83	$50.40
HOA / mo	$73.00	$73.00	$73.00
Total monthly	$1,560.14	$1,928.62	$2,088.53
Cash to close	$51,236	$14,000	$28,000