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	$210,949	$210,949	$364,500
Remaining term (yrs)	23.4	23.4	30.0
Secondary amount	$0	$153,551	$0
Funding fee	$0	$0	$0
Note rate	3.510%	3.510%	7.400%
Blended rate	4.360%	5.893%	7.640%
1st payment	$1,099.53	$1,099.53	$2,523.72
2nd payment	$0.00	$1,023.67	$0.00
Taxes / mo	$115.75	$115.75	$115.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$173.23	$173.23	$72.90
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,538.51	$2,562.18	$2,862.37
Cash to close	$194,051	$40,500	$40,500