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	$371,002	$371,002	$598,500
Remaining term (yrs)	23.0	23.0	30.0
Secondary amount	$0	$227,498	$0
Funding fee	$0	$0	$0
Note rate	3.770%	3.770%	7.400%
Blended rate	4.620%	5.810%	7.640%
1st payment	$2,007.59	$2,007.59	$4,143.89
2nd payment	$0.00	$1,469.26	$0.00
Taxes / mo	$345.83	$345.83	$345.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$306.31	$306.31	$119.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,826.40	$4,295.66	$4,776.09
Cash to close	$293,998	$66,500	$66,500