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	$150,214	$150,214	$486,000
Remaining term (yrs)	13.2	13.2	30.0
Secondary amount	$0	$335,786	$0
Funding fee	$0	$0	$0
Note rate	4.880%	4.880%	7.400%
Blended rate	5.730%	7.126%	7.640%
1st payment	$1,279.00	$1,279.00	$3,364.97
2nd payment	$0.00	$2,168.62	$0.00
Taxes / mo	$348.08	$348.08	$348.08
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$171.09	$171.09	$97.20
HOA / mo	$501.00	$501.00	$501.00
Total monthly	$2,465.85	$4,634.47	$4,477.92
Cash to close	$389,786	$54,000	$54,000