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	$122,414	$122,414	$193,500
Remaining term (yrs)	23.8	23.8	30.0
Secondary amount	$0	$71,086	$0
Funding fee	$0	$0	$0
Note rate	3.070%	3.070%	7.400%
Blended rate	3.920%	5.786%	7.640%
1st payment	$602.63	$602.63	$1,339.75
2nd payment	$0.00	$533.15	$0.00
Taxes / mo	$165.08	$165.08	$165.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$100.35	$100.35	$38.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,018.06	$1,551.21	$1,693.54
Cash to close	$92,586	$21,500	$21,500