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	$413,536	$413,536	$477,000
Remaining term (yrs)	25.1	25.1	30.0
Secondary amount	$0	$63,464	$0
Funding fee	$0	$0	$0
Note rate	3.070%	3.070%	7.400%
Blended rate	3.920%	4.596%	7.640%
1st payment	$1,963.11	$1,963.11	$3,302.65
2nd payment	$0.00	$475.98	$0.00
Taxes / mo	$441.67	$441.67	$441.67
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$326.89	$326.89	$95.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,898.33	$3,374.32	$4,006.38
Cash to close	$116,464	$53,000	$53,000