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	$224,727	$224,727	$378,000
Remaining term (yrs)	20.7	20.7	30.0
Secondary amount	$0	$153,273	$0
Funding fee	$0	$0	$0
Note rate	4.050%	4.050%	7.400%
Blended rate	4.900%	6.157%	7.640%
1st payment	$1,332.27	$1,332.27	$2,617.20
2nd payment	$0.00	$1,021.82	$0.00
Taxes / mo	$149.42	$149.42	$149.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$196.48	$196.48	$75.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,828.17	$2,849.99	$2,992.21
Cash to close	$195,273	$42,000	$42,000