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	$198,264	$198,264	$359,910
Remaining term (yrs)	24.1	24.1	30.0
Secondary amount	$0	$161,646	$0
Funding fee	$0	$0	$0
Note rate	2.350%	2.350%	7.400%
Blended rate	3.200%	5.356%	7.640%
1st payment	$894.44	$894.44	$2,491.94
2nd payment	$0.00	$1,077.64	$0.00
Taxes / mo	$268.50	$268.50	$268.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$163.56	$163.56	$71.98
HOA / mo	$16.67	$16.67	$16.67
Total monthly	$1,493.17	$2,570.81	$2,999.10
Cash to close	$201,636	$39,990	$39,990