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	$196,565	$196,565	$315,000
Remaining term (yrs)	23.2	23.2	30.0
Secondary amount	$0	$118,435	$0
Funding fee	$0	$0	$0
Note rate	3.240%	3.240%	7.400%
Blended rate	4.090%	5.560%	7.640%
1st payment	$1,001.41	$1,001.41	$2,181.00
2nd payment	$0.00	$789.57	$0.00
Taxes / mo	$298.92	$298.92	$298.92
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$159.92	$159.92	$63.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,610.24	$2,399.81	$2,692.91
Cash to close	$153,435	$35,000	$35,000