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	$111,349	$111,349	$229,500
Remaining term (yrs)	24.9	24.9	30.0
Secondary amount	$0	$118,151	$0
Funding fee	$0	$0	$0
Note rate	2.900%	2.900%	7.400%
Blended rate	3.750%	5.938%	7.640%
1st payment	$522.26	$522.26	$1,589.01
2nd payment	$0.00	$787.67	$0.00
Taxes / mo	$88.50	$88.50	$88.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$88.88	$88.88	$45.90
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$849.63	$1,637.31	$1,873.41
Cash to close	$143,651	$25,500	$25,500