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	$275,463	$275,463	$319,500
Remaining term (yrs)	22.9	22.9	30.0
Secondary amount	$0	$44,037	$0
Funding fee	$0	$0	$0
Note rate	3.750%	3.750%	7.400%
Blended rate	4.600%	5.206%	7.640%
1st payment	$1,491.05	$1,491.05	$2,212.15
2nd payment	$0.00	$330.28	$0.00
Taxes / mo	$392.00	$392.00	$392.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$228.06	$228.06	$63.90
HOA / mo	$407.00	$407.00	$407.00
Total monthly	$2,668.10	$2,998.38	$3,225.05
Cash to close	$79,537	$35,500	$35,500