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	$218,946	$218,946	$287,100
Remaining term (yrs)	23.0	23.0	30.0
Secondary amount	$0	$68,154	$0
Funding fee	$0	$0	$0
Note rate	3.640%	3.640%	7.400%
Blended rate	4.490%	5.561%	7.640%
1st payment	$1,166.90	$1,166.90	$1,987.82
2nd payment	$0.00	$511.15	$0.00
Taxes / mo	$302.83	$302.83	$302.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$177.52	$177.52	$57.42
HOA / mo	$200.00	$200.00	$200.00
Total monthly	$1,997.25	$2,508.40	$2,698.08
Cash to close	$100,054	$31,900	$31,900