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	$198,706	$198,706	$373,500
Remaining term (yrs)	21.4	21.4	30.0
Secondary amount	$0	$174,794	$0
Funding fee	$0	$0	$0
Note rate	4.030%	4.030%	7.400%
Blended rate	4.880%	6.340%	7.640%
1st payment	$1,152.64	$1,152.64	$2,586.04
2nd payment	$0.00	$1,165.29	$0.00
Taxes / mo	$187.33	$187.33	$187.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$170.40	$170.40	$74.70
HOA / mo	$103.00	$103.00	$103.00
Total monthly	$1,763.38	$2,928.67	$3,101.07
Cash to close	$216,294	$41,500	$41,500