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	$303,409	$303,409	$436,500
Remaining term (yrs)	24.5	24.5	30.0
Secondary amount	$0	$133,091	$0
Funding fee	$0	$0	$0
Note rate	3.090%	3.090%	7.400%
Blended rate	3.940%	5.178%	7.640%
1st payment	$1,466.08	$1,466.08	$3,022.24
2nd payment	$0.00	$887.27	$0.00
Taxes / mo	$518.67	$518.67	$518.67
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$243.50	$243.50	$87.30
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,394.91	$3,282.19	$3,794.87
Cash to close	$181,591	$48,500	$48,500