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	$180,307	$180,307	$288,000
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$107,693	$0
Funding fee	$0	$0	$0
Note rate	2.860%	2.860%	7.400%
Blended rate	3.710%	5.314%	7.640%
1st payment	$861.88	$861.88	$1,994.05
2nd payment	$0.00	$717.96	$0.00
Taxes / mo	$261.33	$261.33	$261.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$147.43	$147.43	$57.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,420.65	$2,138.60	$2,462.99
Cash to close	$139,693	$32,000	$32,000