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	$350,560	$350,560	$557,910
Remaining term (yrs)	22.6	22.6	30.0
Secondary amount	$0	$207,350	$0
Funding fee	$0	$0	$0
Note rate	4.270%	4.270%	7.400%
Blended rate	5.120%	6.097%	7.640%
1st payment	$2,009.35	$2,009.35	$3,862.86
2nd payment	$0.00	$1,339.14	$0.00
Taxes / mo	$516.58	$516.58	$516.58
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$288.63	$288.63	$111.58
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,981.23	$4,320.37	$4,657.69
Cash to close	$269,340	$61,990	$61,990