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	$295,510	$295,510	$517,500
Remaining term (yrs)	21.8	21.8	30.0
Secondary amount	$0	$221,990	$0
Funding fee	$0	$0	$0
Note rate	4.570%	4.570%	7.400%
Blended rate	5.420%	6.419%	7.640%
1st payment	$1,780.68	$1,780.68	$3,583.07
2nd payment	$0.00	$1,433.68	$0.00
Taxes / mo	$432.08	$432.08	$432.08
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$246.90	$246.90	$103.50
HOA / mo	$250.00	$250.00	$250.00
Total monthly	$2,876.33	$4,310.02	$4,535.32
Cash to close	$279,490	$57,500	$57,500