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	$206,727	$206,727	$404,910
Remaining term (yrs)	20.5	20.5	30.0
Secondary amount	$0	$198,183	$0
Funding fee	$0	$0	$0
Note rate	4.200%	4.200%	7.400%
Blended rate	5.050%	6.494%	7.640%
1st payment	$1,248.41	$1,248.41	$2,803.52
2nd payment	$0.00	$1,321.22	$0.00
Taxes / mo	$222.00	$222.00	$222.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$180.83	$180.83	$80.98
HOA / mo	$99.00	$99.00	$99.00
Total monthly	$1,900.24	$3,221.46	$3,355.50
Cash to close	$243,173	$44,990	$44,990