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	$198,043	$198,043	$315,000
Remaining term (yrs)	22.8	22.8	30.0
Secondary amount	$0	$116,957	$0
Funding fee	$0	$0	$0
Note rate	3.800%	3.800%	7.400%
Blended rate	4.650%	5.894%	7.640%
1st payment	$1,079.74	$1,079.74	$2,181.00
2nd payment	$0.00	$779.71	$0.00
Taxes / mo	$309.00	$309.00	$309.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$164.14	$164.14	$63.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,702.88	$2,482.59	$2,703.00
Cash to close	$151,957	$35,000	$35,000