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	$241,045	$241,045	$404,100
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$163,055	$0
Funding fee	$0	$0	$0
Note rate	2.890%	2.890%	7.400%
Blended rate	3.740%	5.459%	7.640%
1st payment	$1,155.92	$1,155.92	$2,797.91
2nd payment	$0.00	$1,087.04	$0.00
Taxes / mo	$170.83	$170.83	$170.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$196.97	$196.97	$80.82
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,673.72	$2,760.76	$3,199.56
Cash to close	$207,955	$44,900	$44,900