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	$222,803	$222,803	$332,999
Remaining term (yrs)	24.7	24.7	30.0
Secondary amount	$0	$110,196	$0
Funding fee	$0	$0	$0
Note rate	2.960%	2.960%	7.400%
Blended rate	3.810%	5.197%	7.640%
1st payment	$1,056.70	$1,056.70	$2,305.62
2nd payment	$0.00	$734.64	$0.00
Taxes / mo	$181.33	$181.33	$181.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$178.45	$178.45	$66.60
HOA / mo	$330.00	$330.00	$330.00
Total monthly	$1,896.48	$2,631.12	$3,033.55
Cash to close	$147,196	$37,000	$37,000