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	$251,974	$251,974	$319,491
Remaining term (yrs)	24.7	24.7	30.0
Secondary amount	$0	$67,517	$0
Funding fee	$0	$0	$0
Note rate	2.990%	2.990%	7.400%
Blended rate	3.840%	4.930%	7.640%
1st payment	$1,198.97	$1,198.97	$2,212.09
2nd payment	$0.00	$506.38	$0.00
Taxes / mo	$402.83	$402.83	$402.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$201.70	$201.70	$63.90
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,953.50	$2,459.88	$2,828.82
Cash to close	$103,016	$35,499	$35,499