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	$224,604	$224,604	$378,000
Remaining term (yrs)	24.4	24.4	30.0
Secondary amount	$0	$153,396	$0
Funding fee	$0	$0	$0
Note rate	2.680%	2.680%	7.400%
Blended rate	3.530%	5.344%	7.640%
1st payment	$1,042.84	$1,042.84	$2,617.20
2nd payment	$0.00	$1,022.64	$0.00
Taxes / mo	$637.92	$637.92	$637.92
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$182.60	$182.60	$75.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,013.36	$3,035.99	$3,480.71
Cash to close	$195,396	$42,000	$42,000