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	$196,221	$196,221	$283,500
Remaining term (yrs)	24.1	24.1	30.0
Secondary amount	$0	$87,279	$0
Funding fee	$0	$0	$0
Note rate	2.800%	2.800%	7.400%
Blended rate	3.650%	5.297%	7.640%
1st payment	$929.69	$929.69	$1,962.90
2nd payment	$0.00	$654.59	$0.00
Taxes / mo	$609.00	$609.00	$609.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$160.27	$160.27	$56.70
HOA / mo	$330.00	$330.00	$330.00
Total monthly	$2,178.96	$2,833.55	$3,108.60
Cash to close	$118,779	$31,500	$31,500