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	$198,898	$198,898	$216,000
Remaining term (yrs)	25.2	25.2	30.0
Secondary amount	$0	$29,102	$0
Funding fee	$0	$0	$0
Note rate	3.220%	3.220%	7.400%
Blended rate	4.070%	5.066%	7.640%
1st payment	$957.84	$957.84	$1,495.54
2nd payment	$0.00	$287.98	$0.00
Taxes / mo	$232.17	$232.17	$232.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$156.49	$156.49	$43.20
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,496.50	$1,784.48	$1,920.91
Cash to close	$41,102	$12,000	$24,000