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	$231,411	$231,411	$342,000
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$110,589	$0
Funding fee	$0	$0	$0
Note rate	2.870%	2.870%	7.400%
Blended rate	3.720%	5.104%	7.640%
1st payment	$1,107.35	$1,107.35	$2,367.94
2nd payment	$0.00	$737.26	$0.00
Taxes / mo	$137.17	$137.17	$137.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$189.18	$189.18	$68.40
HOA / mo	$54.00	$54.00	$54.00
Total monthly	$1,637.70	$2,374.95	$2,777.51
Cash to close	$148,589	$38,000	$38,000