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	$244,206	$244,206	$396,000
Remaining term (yrs)	23.0	23.0	30.0
Secondary amount	$0	$151,794	$0
Funding fee	$0	$0	$0
Note rate	3.770%	3.770%	7.400%
Blended rate	4.620%	5.916%	7.640%
1st payment	$1,321.47	$1,321.47	$2,741.82
2nd payment	$0.00	$1,011.96	$0.00
Taxes / mo	$181.17	$181.17	$181.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$201.62	$201.62	$79.20
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,854.26	$2,866.22	$3,152.19
Cash to close	$195,794	$44,000	$44,000