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	$103,566	$103,566	$198,000
Remaining term (yrs)	23.0	23.0	30.0
Secondary amount	$0	$94,434	$0
Funding fee	$0	$0	$0
Note rate	3.750%	3.750%	7.400%
Blended rate	4.600%	6.699%	7.640%
1st payment	$559.31	$559.31	$1,370.91
2nd payment	$0.00	$708.26	$0.00
Taxes / mo	$197.25	$197.25	$197.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$85.55	$85.55	$39.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$992.11	$1,700.37	$1,757.76
Cash to close	$116,434	$22,000	$22,000