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	$246,470	$246,470	$306,000
Remaining term (yrs)	25.6	25.6	30.0
Secondary amount	$0	$59,530	$0
Funding fee	$0	$0	$0
Note rate	4.980%	4.980%	7.400%
Blended rate	5.830%	6.447%	7.640%
1st payment	$1,416.93	$1,416.93	$2,118.68
2nd payment	$0.00	$446.47	$0.00
Taxes / mo	$141.33	$141.33	$141.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$187.39	$187.39	$61.20
HOA / mo	$90.00	$90.00	$90.00
Total monthly	$1,985.65	$2,432.13	$2,561.22
Cash to close	$93,530	$34,000	$34,000