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	$248,973	$248,973	$355,500
Remaining term (yrs)	24.8	24.8	30.0
Secondary amount	$0	$106,527	$0
Funding fee	$0	$0	$0
Note rate	2.990%	2.990%	7.400%
Blended rate	3.840%	5.087%	7.640%
1st payment	$1,182.02	$1,182.02	$2,461.41
2nd payment	$0.00	$710.18	$0.00
Taxes / mo	$458.92	$458.92	$458.92
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$198.84	$198.84	$71.10
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,989.78	$2,699.96	$3,141.43
Cash to close	$146,027	$39,500	$39,500