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	$289,510	$289,510	$384,300
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$94,790	$0
Funding fee	$0	$0	$0
Note rate	3.020%	3.020%	7.400%
Blended rate	3.870%	5.135%	7.640%
1st payment	$1,411.05	$1,411.05	$2,660.82
2nd payment	$0.00	$710.92	$0.00
Taxes / mo	$380.76	$380.76	$380.76
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$236.46	$236.46	$76.86
HOA / mo	$365.00	$365.00	$365.00
Total monthly	$2,543.27	$3,254.20	$3,633.44
Cash to close	$137,490	$42,700	$42,700