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	$183,517	$183,517	$360,000
Remaining term (yrs)	21.0	21.0	30.0
Secondary amount	$0	$176,483	$0
Funding fee	$0	$0	$0
Note rate	3.890%	3.890%	7.400%
Blended rate	4.740%	6.338%	7.640%
1st payment	$1,064.13	$1,064.13	$2,492.57
2nd payment	$0.00	$1,176.56	$0.00
Taxes / mo	$144.42	$144.42	$144.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$160.00	$160.00	$72.00
HOA / mo	$85.00	$85.00	$85.00
Total monthly	$1,603.55	$2,780.11	$2,943.98
Cash to close	$216,483	$40,000	$40,000