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	$234,062	$234,062	$346,050
Remaining term (yrs)	24.2	24.2	30.0
Secondary amount	$0	$111,988	$0
Funding fee	$0	$0	$0
Note rate	2.770%	2.770%	7.400%
Blended rate	3.620%	5.037%	7.640%
1st payment	$1,102.74	$1,102.74	$2,395.98
2nd payment	$0.00	$746.59	$0.00
Taxes / mo	$463.83	$463.83	$463.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$190.84	$190.84	$69.21
HOA / mo	$10.00	$10.00	$10.00
Total monthly	$1,917.41	$2,664.00	$3,089.02
Cash to close	$150,438	$38,450	$38,450