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	$316,697	$316,697	$391,500
Remaining term (yrs)	25.3	25.3	30.0
Secondary amount	$0	$74,803	$0
Funding fee	$0	$0	$0
Note rate	3.120%	3.120%	7.400%
Blended rate	3.970%	4.931%	7.640%
1st payment	$1,505.19	$1,505.19	$2,710.67
2nd payment	$0.00	$561.02	$0.00
Taxes / mo	$301.25	$301.25	$301.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$249.05	$249.05	$78.30
HOA / mo	$80.00	$80.00	$80.00
Total monthly	$2,285.49	$2,846.51	$3,320.22
Cash to close	$118,303	$43,500	$43,500