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	$247,652	$247,652	$323,100
Remaining term (yrs)	24.4	24.4	30.0
Secondary amount	$0	$75,448	$0
Funding fee	$0	$0	$0
Note rate	2.770%	2.770%	7.400%
Blended rate	3.620%	4.876%	7.640%
1st payment	$1,161.20	$1,161.20	$2,237.08
2nd payment	$0.00	$565.86	$0.00
Taxes / mo	$553.50	$553.50	$553.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$200.96	$200.96	$64.62
HOA / mo	$128.00	$128.00	$128.00
Total monthly	$2,193.66	$2,759.52	$3,133.20
Cash to close	$111,348	$35,900	$35,900