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	$264,819	$264,819	$328,410
Remaining term (yrs)	24.6	24.6	30.0
Secondary amount	$0	$63,591	$0
Funding fee	$0	$0	$0
Note rate	2.980%	2.980%	7.400%
Blended rate	3.830%	4.831%	7.640%
1st payment	$1,261.58	$1,261.58	$2,273.84
2nd payment	$0.00	$476.93	$0.00
Taxes / mo	$100.92	$100.92	$100.92
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$212.50	$212.50	$65.68
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,725.00	$2,201.93	$2,590.44
Cash to close	$100,081	$36,490	$36,490