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	$251,968	$251,968	$417,600
Remaining term (yrs)	20.5	20.5	30.0
Secondary amount	$0	$165,632	$0
Funding fee	$0	$0	$0
Note rate	4.170%	4.170%	7.400%
Blended rate	5.020%	6.202%	7.640%
1st payment	$1,521.44	$1,521.44	$2,891.38
2nd payment	$0.00	$1,104.22	$0.00
Taxes / mo	$236.08	$236.08	$236.08
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$221.17	$221.17	$83.52
HOA / mo	$120.00	$120.00	$120.00
Total monthly	$2,265.36	$3,369.58	$3,497.65
Cash to close	$212,032	$46,400	$46,400