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	$230,156	$230,156	$382,500
Remaining term (yrs)	20.5	20.5	30.0
Secondary amount	$0	$152,344	$0
Funding fee	$0	$0	$0
Note rate	4.140%	4.140%	7.400%
Blended rate	4.990%	6.189%	7.640%
1st payment	$1,382.51	$1,382.51	$2,648.35
2nd payment	$0.00	$1,015.63	$0.00
Taxes / mo	$139.17	$139.17	$139.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$201.70	$201.70	$76.50
HOA / mo	$165.00	$165.00	$165.00
Total monthly	$2,038.37	$3,054.00	$3,179.02
Cash to close	$194,844	$42,500	$42,500