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	$202,724	$202,724	$315,000
Remaining term (yrs)	23.5	23.5	30.0
Secondary amount	$0	$112,276	$0
Funding fee	$0	$0	$0
Note rate	3.290%	3.290%	7.400%
Blended rate	4.140%	5.516%	7.640%
1st payment	$1,030.76	$1,030.76	$2,181.00
2nd payment	$0.00	$748.50	$0.00
Taxes / mo	$95.42	$95.42	$95.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$166.92	$166.92	$63.00
HOA / mo	$89.00	$89.00	$89.00
Total monthly	$1,532.09	$2,280.60	$2,578.41
Cash to close	$147,276	$35,000	$35,000