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	$303,953	$303,953	$382,500
Remaining term (yrs)	25.6	25.6	30.0
Secondary amount	$0	$78,547	$0
Funding fee	$0	$0	$0
Note rate	4.980%	4.980%	7.400%
Blended rate	5.830%	6.481%	7.640%
1st payment	$1,747.39	$1,747.39	$2,648.35
2nd payment	$0.00	$589.10	$0.00
Taxes / mo	$240.50	$240.50	$240.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$231.09	$231.09	$76.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,368.99	$2,958.09	$3,115.35
Cash to close	$121,047	$42,500	$42,500