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	$187,126	$187,126	$265,500
Remaining term (yrs)	24.8	24.8	30.0
Secondary amount	$0	$78,374	$0
Funding fee	$0	$0	$0
Note rate	2.960%	2.960%	7.400%
Blended rate	3.810%	5.342%	7.640%
1st payment	$885.48	$885.48	$1,838.27
2nd payment	$0.00	$587.81	$0.00
Taxes / mo	$59.42	$59.42	$59.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$149.53	$149.53	$53.10
HOA / mo	$75.00	$75.00	$75.00
Total monthly	$1,319.43	$1,907.24	$2,175.79
Cash to close	$107,874	$29,500	$29,500