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	$229,413	$229,413	$346,500
Remaining term (yrs)	23.3	23.3	30.0
Secondary amount	$0	$117,087	$0
Funding fee	$0	$0	$0
Note rate	3.640%	3.640%	7.400%
Blended rate	4.490%	5.676%	7.640%
1st payment	$1,214.37	$1,214.37	$2,399.10
2nd payment	$0.00	$780.58	$0.00
Taxes / mo	$298.50	$298.50	$298.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$188.27	$188.27	$69.30
HOA / mo	$133.33	$133.33	$133.33
Total monthly	$1,984.46	$2,765.04	$3,050.23
Cash to close	$155,587	$38,500	$38,500