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	$221,289	$221,289	$301,500
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$80,211	$0
Funding fee	$0	$0	$0
Note rate	2.890%	2.890%	7.400%
Blended rate	3.740%	5.139%	7.640%
1st payment	$1,061.19	$1,061.19	$2,087.53
2nd payment	$0.00	$601.58	$0.00
Taxes / mo	$111.00	$111.00	$111.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$180.82	$180.82	$60.30
HOA / mo	$112.00	$112.00	$112.00
Total monthly	$1,615.01	$2,216.59	$2,520.83
Cash to close	$113,711	$33,500	$33,500