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	$164,077	$164,077	$252,000
Remaining term (yrs)	23.4	23.4	30.0
Secondary amount	$0	$87,923	$0
Funding fee	$0	$0	$0
Note rate	3.450%	3.450%	7.400%
Blended rate	4.300%	5.940%	7.640%
1st payment	$850.01	$850.01	$1,744.80
2nd payment	$0.00	$659.42	$0.00
Taxes / mo	$230.17	$230.17	$230.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$134.92	$134.92	$50.40
HOA / mo	$100.00	$100.00	$100.00
Total monthly	$1,465.10	$2,124.52	$2,275.36
Cash to close	$115,923	$28,000	$28,000