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	$190,091	$190,091	$360,000
Remaining term (yrs)	22.5	22.5	30.0
Secondary amount	$0	$169,909	$0
Funding fee	$0	$0	$0
Note rate	4.370%	4.370%	7.400%
Blended rate	5.220%	6.532%	7.640%
1st payment	$1,102.39	$1,102.39	$2,492.57
2nd payment	$0.00	$1,132.73	$0.00
Taxes / mo	$333.33	$333.33	$333.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$156.49	$156.49	$72.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,742.21	$2,874.94	$3,047.90
Cash to close	$209,909	$40,000	$40,000