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	$195,168	$195,168	$283,410
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$88,242	$0
Funding fee	$0	$0	$0
Note rate	2.860%	2.860%	7.400%
Blended rate	3.710%	5.357%	7.640%
1st payment	$935.16	$935.16	$1,962.27
2nd payment	$0.00	$661.82	$0.00
Taxes / mo	$103.50	$103.50	$103.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$159.97	$159.97	$56.68
HOA / mo	$177.00	$177.00	$177.00
Total monthly	$1,525.62	$2,187.44	$2,449.46
Cash to close	$119,732	$31,490	$31,490