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	$55,297	$55,297	$301,500
Remaining term (yrs)	19.8	19.8	30.0
Secondary amount	$0	$246,203	$0
Funding fee	$0	$0	$0
Note rate	3.480%	3.480%	7.400%
Blended rate	4.330%	7.123%	7.640%
1st payment	$321.06	$321.06	$2,087.53
2nd payment	$0.00	$1,590.06	$0.00
Taxes / mo	$94.50	$94.50	$94.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$50.77	$50.77	$60.30
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$616.33	$2,206.39	$2,392.33
Cash to close	$279,703	$33,500	$33,500