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	$120,242	$120,242	$180,000
Remaining term (yrs)	22.5	22.5	30.0
Secondary amount	$0	$59,758	$0
Funding fee	$0	$0	$0
Note rate	3.000%	3.000%	7.400%
Blended rate	3.850%	5.560%	7.640%
1st payment	$609.81	$609.81	$1,246.28
2nd payment	$0.00	$448.18	$0.00
Taxes / mo	$208.50	$208.50	$208.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$98.11	$98.11	$36.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,066.42	$1,514.60	$1,640.78
Cash to close	$79,758	$20,000	$20,000