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	$196,227	$196,227	$405,000
Remaining term (yrs)	24.6	24.6	30.0
Secondary amount	$0	$208,773	$0
Funding fee	$0	$0	$0
Note rate	2.970%	2.970%	7.400%
Blended rate	3.820%	5.846%	7.640%
1st payment	$933.80	$933.80	$2,804.14
2nd payment	$0.00	$1,348.32	$0.00
Taxes / mo	$319.25	$319.25	$319.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$157.49	$157.49	$81.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,560.54	$2,908.86	$3,354.39
Cash to close	$253,773	$45,000	$45,000