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	$244,724	$244,724	$341,100
Remaining term (yrs)	24.6	24.6	30.0
Secondary amount	$0	$96,376	$0
Funding fee	$0	$0	$0
Note rate	3.130%	3.130%	7.400%
Blended rate	3.980%	5.398%	7.640%
1st payment	$1,184.97	$1,184.97	$2,361.71
2nd payment	$0.00	$722.82	$0.00
Taxes / mo	$279.58	$279.58	$279.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$195.81	$195.81	$68.22
HOA / mo	$83.33	$83.33	$83.33
Total monthly	$1,893.70	$2,616.52	$2,942.84
Cash to close	$134,276	$37,900	$37,900