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	$235,421	$235,421	$292,500
Remaining term (yrs)	24.7	24.7	30.0
Secondary amount	$0	$57,079	$0
Funding fee	$0	$0	$0
Note rate	2.980%	2.980%	7.400%
Blended rate	3.830%	4.839%	7.640%
1st payment	$1,118.98	$1,118.98	$2,025.21
2nd payment	$0.00	$428.09	$0.00
Taxes / mo	$107.50	$107.50	$107.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$188.48	$188.48	$58.50
HOA / mo	$65.00	$65.00	$65.00
Total monthly	$1,629.96	$2,058.06	$2,406.21
Cash to close	$89,579	$32,500	$32,500