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	$246,700	$246,700	$508,500
Remaining term (yrs)	23.8	23.8	30.0
Secondary amount	$0	$261,800	$0
Funding fee	$0	$0	$0
Note rate	3.330%	3.330%	7.400%
Blended rate	4.180%	6.018%	7.640%
1st payment	$1,247.97	$1,247.97	$3,520.75
2nd payment	$0.00	$1,690.79	$0.00
Taxes / mo	$470.83	$470.83	$470.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$201.08	$201.08	$101.70
HOA / mo	$465.00	$465.00	$465.00
Total monthly	$2,551.55	$4,242.35	$4,724.95
Cash to close	$318,300	$56,500	$56,500