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	$244,434	$244,434	$364,500
Remaining term (yrs)	23.0	23.0	30.0
Secondary amount	$0	$120,066	$0
Funding fee	$0	$0	$0
Note rate	3.810%	3.810%	7.400%
Blended rate	4.660%	5.760%	7.640%
1st payment	$1,327.95	$1,327.95	$2,523.72
2nd payment	$0.00	$800.44	$0.00
Taxes / mo	$181.17	$181.17	$181.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$201.62	$201.62	$72.90
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,860.74	$2,661.17	$2,927.79
Cash to close	$160,566	$40,500	$40,500