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	$247,334	$247,334	$337,500
Remaining term (yrs)	25.2	25.2	30.0
Secondary amount	$0	$90,166	$0
Funding fee	$0	$0	$0
Note rate	3.090%	3.090%	7.400%
Blended rate	3.940%	5.292%	7.640%
1st payment	$1,174.17	$1,174.17	$2,336.78
2nd payment	$0.00	$676.24	$0.00
Taxes / mo	$339.25	$339.25	$339.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$195.02	$195.02	$67.50
HOA / mo	$29.00	$29.00	$29.00
Total monthly	$1,887.44	$2,563.68	$2,922.53
Cash to close	$127,666	$37,500	$37,500