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	$196,872	$196,872	$391,500
Remaining term (yrs)	19.5	19.5	30.0
Secondary amount	$0	$194,628	$0
Funding fee	$0	$0	$0
Note rate	3.710%	3.710%	7.400%
Blended rate	4.560%	6.270%	7.640%
1st payment	$1,176.45	$1,176.45	$2,710.67
2nd payment	$0.00	$1,297.52	$0.00
Taxes / mo	$269.17	$269.17	$269.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$180.82	$180.82	$78.30
HOA / mo	$65.00	$65.00	$65.00
Total monthly	$1,841.44	$3,138.96	$3,273.13
Cash to close	$238,128	$43,500	$43,500