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	$197,313	$197,313	$295,200
Remaining term (yrs)	24.2	24.2	30.0
Secondary amount	$0	$97,887	$0
Funding fee	$0	$0	$0
Note rate	2.710%	2.710%	7.400%
Blended rate	3.560%	5.364%	7.640%
1st payment	$923.57	$923.57	$2,043.91
2nd payment	$0.00	$734.15	$0.00
Taxes / mo	$454.58	$454.58	$454.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$161.08	$161.08	$59.04
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,689.24	$2,423.40	$2,707.53
Cash to close	$130,687	$32,800	$32,800