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	$219,118	$219,118	$4,050,000
Remaining term (yrs)	12.2	12.2	30.0
Secondary amount	$0	$3,830,882	$0
Funding fee	$0	$0	$0
Note rate	5.500%	5.500%	7.400%
Blended rate	6.350%	7.674%	7.640%
1st payment	$2,042.28	$2,042.28	$28,041.38
2nd payment	$0.00	$24,741.11	$0.00
Taxes / mo	$348.42	$348.42	$348.42
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$254.78	$254.78	$810.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,862.14	$27,603.25	$29,416.47
Cash to close	$4,280,882	$450,000	$450,000