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	$254,004	$254,004	$581,850
Remaining term (yrs)	20.1	20.1	30.0
Secondary amount	$0	$327,846	$0
Funding fee	$0	$0	$0
Note rate	3.470%	3.470%	7.400%
Blended rate	4.320%	6.253%	7.640%
1st payment	$1,456.64	$1,456.64	$4,028.61
2nd payment	$0.00	$2,117.34	$0.00
Taxes / mo	$367.50	$367.50	$367.50
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$230.63	$230.63	$116.37
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,221.44	$4,338.78	$4,679.15
Cash to close	$392,496	$64,650	$64,650