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	$217,750	$217,750	$270,000
Remaining term (yrs)	24.8	24.8	30.0
Secondary amount	$0	$52,250	$0
Funding fee	$0	$0	$0
Note rate	3.000%	3.000%	7.400%
Blended rate	3.850%	4.847%	7.640%
1st payment	$1,034.92	$1,034.92	$1,869.43
2nd payment	$0.00	$391.87	$0.00
Taxes / mo	$356.58	$356.58	$356.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$173.88	$173.88	$54.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,715.37	$2,107.25	$2,430.01
Cash to close	$82,250	$30,000	$30,000