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	$243,115	$243,115	$435,420
Remaining term (yrs)	21.4	21.4	30.0
Secondary amount	$0	$192,305	$0
Funding fee	$0	$0	$0
Note rate	4.030%	4.030%	7.400%
Blended rate	4.880%	6.258%	7.640%
1st payment	$1,410.25	$1,410.25	$3,014.76
2nd payment	$0.00	$1,282.04	$0.00
Taxes / mo	$403.17	$403.17	$403.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$208.48	$208.48	$87.08
HOA / mo	$178.00	$178.00	$178.00
Total monthly	$2,366.56	$3,648.60	$3,849.68
Cash to close	$240,685	$48,380	$48,380