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	$218,249	$218,249	$391,500
Remaining term (yrs)	23.5	23.5	30.0
Secondary amount	$0	$173,251	$0
Funding fee	$0	$0	$0
Note rate	3.450%	3.450%	7.400%
Blended rate	4.300%	5.937%	7.640%
1st payment	$1,125.49	$1,125.49	$2,710.67
2nd payment	$0.00	$1,155.01	$0.00
Taxes / mo	$118.00	$118.00	$118.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$178.65	$178.65	$78.30
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,572.13	$2,727.14	$3,056.97
Cash to close	$216,751	$43,500	$43,500