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	$366,970	$366,970	$508,500
Remaining term (yrs)	23.7	23.7	30.0
Secondary amount	$0	$141,530	$0
Funding fee	$0	$0	$0
Note rate	3.230%	3.230%	7.400%
Blended rate	4.080%	5.171%	7.640%
1st payment	$1,841.38	$1,841.38	$3,520.75
2nd payment	$0.00	$943.54	$0.00
Taxes / mo	$169.83	$169.83	$169.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$300.46	$300.46	$101.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,478.34	$3,421.88	$3,958.95
Cash to close	$198,030	$56,500	$56,500