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	$282,353	$282,353	$382,500
Remaining term (yrs)	24.5	24.5	30.0
Secondary amount	$0	$100,147	$0
Funding fee	$0	$0	$0
Note rate	3.020%	3.020%	7.400%
Blended rate	3.870%	4.951%	7.640%
1st payment	$1,357.14	$1,357.14	$2,648.35
2nd payment	$0.00	$667.64	$0.00
Taxes / mo	$649.08	$649.08	$649.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$227.43	$227.43	$76.50
HOA / mo	$60.67	$60.67	$60.67
Total monthly	$2,444.32	$3,111.97	$3,584.61
Cash to close	$142,647	$42,500	$42,500