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	$222,587	$222,587	$414,000
Remaining term (yrs)	21.4	21.4	30.0
Secondary amount	$0	$191,413	$0
Funding fee	$0	$0	$0
Note rate	4.030%	4.030%	7.400%
Blended rate	4.880%	6.323%	7.640%
1st payment	$1,291.18	$1,291.18	$2,866.45
2nd payment	$0.00	$1,276.08	$0.00
Taxes / mo	$383.33	$383.33	$383.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$190.88	$190.88	$82.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,032.05	$3,308.14	$3,499.25
Cash to close	$237,413	$46,000	$46,000