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	$197,037	$197,037	$256,500
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$59,463	$0
Funding fee	$0	$0	$0
Note rate	2.900%	2.900%	7.400%
Blended rate	3.750%	4.967%	7.640%
1st payment	$948.16	$948.16	$1,775.95
2nd payment	$0.00	$445.97	$0.00
Taxes / mo	$421.25	$421.25	$421.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$161.36	$161.36	$51.30
HOA / mo	$72.33	$72.33	$72.33
Total monthly	$1,753.10	$2,199.06	$2,470.83
Cash to close	$87,963	$28,500	$28,500