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	$226,308	$226,308	$342,000
Remaining term (yrs)	24.3	24.3	30.0
Secondary amount	$0	$115,692	$0
Funding fee	$0	$0	$0
Note rate	2.710%	2.710%	7.400%
Blended rate	3.560%	5.062%	7.640%
1st payment	$1,056.74	$1,056.74	$2,367.94
2nd payment	$0.00	$771.28	$0.00
Taxes / mo	$111.75	$111.75	$111.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$184.31	$184.31	$68.40
HOA / mo	$57.00	$57.00	$57.00
Total monthly	$1,559.80	$2,331.08	$2,755.09
Cash to close	$153,692	$38,000	$38,000