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	$276,138	$276,138	$423,000
Remaining term (yrs)	23.7	23.7	30.0
Secondary amount	$0	$146,862	$0
Funding fee	$0	$0	$0
Note rate	3.240%	3.240%	7.400%
Blended rate	4.090%	5.448%	7.640%
1st payment	$1,387.05	$1,387.05	$2,928.77
2nd payment	$0.00	$979.08	$0.00
Taxes / mo	$175.00	$175.00	$175.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$226.04	$226.04	$84.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,954.75	$2,933.84	$3,355.03
Cash to close	$193,862	$47,000	$47,000