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	$230,369	$230,369	$301,500
Remaining term (yrs)	24.4	24.4	30.0
Secondary amount	$0	$71,131	$0
Funding fee	$0	$0	$0
Note rate	2.770%	2.770%	7.400%
Blended rate	3.620%	4.889%	7.640%
1st payment	$1,080.17	$1,080.17	$2,087.53
2nd payment	$0.00	$533.48	$0.00
Taxes / mo	$237.50	$237.50	$237.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$186.93	$186.93	$60.30
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,654.60	$2,188.08	$2,535.33
Cash to close	$104,631	$33,500	$33,500