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	$290,220	$290,220	$315,000
Remaining term (yrs)	25.3	25.3	30.0
Secondary amount	$0	$42,280	$0
Funding fee	$0	$0	$0
Note rate	3.120%	3.120%	7.400%
Blended rate	3.970%	4.975%	7.640%
1st payment	$1,379.35	$1,379.35	$2,181.00
2nd payment	$0.00	$418.40	$0.00
Taxes / mo	$599.33	$599.33	$599.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$228.23	$228.23	$63.00
HOA / mo	$35.00	$35.00	$35.00
Total monthly	$2,391.91	$2,810.31	$3,028.33
Cash to close	$59,780	$17,500	$35,000