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	$214,609	$214,609	$359,100
Remaining term (yrs)	23.7	23.7	30.0
Secondary amount	$0	$144,491	$0
Funding fee	$0	$0	$0
Note rate	2.990%	2.990%	7.400%
Blended rate	3.840%	5.514%	7.640%
1st payment	$1,050.13	$1,050.13	$2,486.34
2nd payment	$0.00	$963.28	$0.00
Taxes / mo	$105.25	$105.25	$105.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$176.66	$176.66	$71.82
HOA / mo	$60.00	$60.00	$60.00
Total monthly	$1,542.04	$2,505.32	$2,873.41
Cash to close	$184,391	$39,900	$39,900