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	$246,550	$246,550	$353,700
Remaining term (yrs)	24.9	24.9	30.0
Secondary amount	$0	$107,150	$0
Funding fee	$0	$0	$0
Note rate	2.900%	2.900%	7.400%
Blended rate	3.750%	5.038%	7.640%
1st payment	$1,156.38	$1,156.38	$2,448.95
2nd payment	$0.00	$714.34	$0.00
Taxes / mo	$368.92	$368.92	$368.92
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$196.79	$196.79	$70.74
HOA / mo	$328.00	$328.00	$328.00
Total monthly	$2,200.09	$2,914.43	$3,366.60
Cash to close	$146,450	$39,300	$39,300