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	$234,107	$234,107	$297,000
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$62,893	$0
Funding fee	$0	$0	$0
Note rate	2.900%	2.900%	7.400%
Blended rate	3.750%	4.862%	7.640%
1st payment	$1,123.85	$1,123.85	$2,056.37
2nd payment	$0.00	$471.70	$0.00
Taxes / mo	$293.08	$293.08	$293.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$191.26	$191.26	$59.40
HOA / mo	$56.25	$56.25	$56.25
Total monthly	$1,814.44	$2,286.14	$2,615.10
Cash to close	$95,893	$33,000	$33,000