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	$215,786	$215,786	$297,000
Remaining term (yrs)	24.5	24.5	30.0
Secondary amount	$0	$81,214	$0
Funding fee	$0	$0	$0
Note rate	3.090%	3.090%	7.400%
Blended rate	3.940%	5.324%	7.640%
1st payment	$1,042.68	$1,042.68	$2,056.37
2nd payment	$0.00	$609.11	$0.00
Taxes / mo	$270.25	$270.25	$270.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$173.18	$173.18	$59.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,636.11	$2,245.22	$2,536.02
Cash to close	$114,214	$33,000	$33,000