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	$215,450	$215,450	$319,500
Remaining term (yrs)	24.3	24.3	30.0
Secondary amount	$0	$104,050	$0
Funding fee	$0	$0	$0
Note rate	2.670%	2.670%	7.400%
Blended rate	3.520%	4.979%	7.640%
1st payment	$1,001.66	$1,001.66	$2,212.15
2nd payment	$0.00	$693.67	$0.00
Taxes / mo	$342.42	$342.42	$342.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$175.61	$175.61	$63.90
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,669.69	$2,363.36	$2,768.47
Cash to close	$139,550	$35,500	$35,500