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	$204,647	$204,647	$297,000
Remaining term (yrs)	24.8	24.8	30.0
Secondary amount	$0	$92,353	$0
Funding fee	$0	$0	$0
Note rate	2.990%	2.990%	7.400%
Blended rate	3.840%	5.445%	7.640%
1st payment	$971.58	$971.58	$2,056.37
2nd payment	$0.00	$692.65	$0.00
Taxes / mo	$275.00	$275.00	$275.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$163.44	$163.44	$59.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,560.02	$2,252.67	$2,540.77
Cash to close	$125,353	$33,000	$33,000