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	$282,122	$282,122	$390,600
Remaining term (yrs)	24.6	24.6	30.0
Secondary amount	$0	$108,478	$0
Funding fee	$0	$0	$0
Note rate	3.060%	3.060%	7.400%
Blended rate	3.910%	5.046%	7.640%
1st payment	$1,355.74	$1,355.74	$2,704.44
2nd payment	$0.00	$723.19	$0.00
Taxes / mo	$353.08	$353.08	$353.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$226.04	$226.04	$78.12
HOA / mo	$78.00	$78.00	$78.00
Total monthly	$2,162.86	$2,886.05	$3,363.64
Cash to close	$151,878	$43,400	$43,400