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	$188,051	$188,051	$414,000
Remaining term (yrs)	25.1	25.1	30.0
Secondary amount	$0	$225,949	$0
Funding fee	$0	$0	$0
Note rate	3.140%	3.140%	7.400%
Blended rate	3.990%	6.042%	7.640%
1st payment	$899.61	$899.61	$2,866.45
2nd payment	$0.00	$1,459.26	$0.00
Taxes / mo	$209.00	$209.00	$209.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$148.47	$148.47	$82.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,423.74	$2,883.00	$3,324.92
Cash to close	$271,949	$46,000	$46,000