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	$194,210	$194,210	$360,000
Remaining term (yrs)	21.4	21.4	30.0
Secondary amount	$0	$165,790	$0
Funding fee	$0	$0	$0
Note rate	3.950%	3.950%	7.400%
Blended rate	4.800%	6.274%	7.640%
1st payment	$1,118.26	$1,118.26	$2,492.57
2nd payment	$0.00	$1,105.27	$0.00
Taxes / mo	$152.50	$152.50	$152.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$166.92	$166.92	$72.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,587.68	$2,692.95	$2,867.07
Cash to close	$205,790	$40,000	$40,000