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	$170,486	$170,486	$324,000
Remaining term (yrs)	22.4	22.4	30.0
Secondary amount	$0	$153,514	$0
Funding fee	$0	$0	$0
Note rate	2.990%	2.990%	7.400%
Blended rate	3.840%	5.811%	7.640%
1st payment	$868.22	$868.22	$2,243.31
2nd payment	$0.00	$1,023.43	$0.00
Taxes / mo	$233.42	$233.42	$233.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$146.06	$146.06	$64.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,397.69	$2,421.12	$2,691.53
Cash to close	$189,514	$36,000	$36,000