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	$110,868	$110,868	$270,000
Remaining term (yrs)	20.0	20.0	30.0
Secondary amount	$0	$159,132	$0
Funding fee	$0	$0	$0
Note rate	3.500%	3.500%	7.400%
Blended rate	4.350%	6.501%	7.640%
1st payment	$639.32	$639.32	$1,869.43
2nd payment	$0.00	$1,060.88	$0.00
Taxes / mo	$221.50	$221.50	$221.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$100.85	$100.85	$54.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,111.67	$2,172.55	$2,294.93
Cash to close	$189,132	$30,000	$30,000