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	$216,182	$216,182	$314,910
Remaining term (yrs)	25.2	25.2	30.0
Secondary amount	$0	$98,728	$0
Funding fee	$0	$0	$0
Note rate	3.110%	3.110%	7.400%
Blended rate	3.960%	5.540%	7.640%
1st payment	$1,028.55	$1,028.55	$2,180.37
2nd payment	$0.00	$740.46	$0.00
Taxes / mo	$501.65	$501.65	$501.65
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$170.40	$170.40	$62.98
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,850.60	$2,591.06	$2,895.01
Cash to close	$133,718	$34,990	$34,990