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	$220,293	$220,293	$652,499
Remaining term (yrs)	7.5	7.5	30.0
Secondary amount	$0	$432,206	$0
Funding fee	$0	$0	$0
Note rate	3.720%	3.720%	7.400%
Blended rate	4.570%	6.676%	7.640%
1st payment	$2,755.84	$2,755.84	$4,517.77
2nd payment	$0.00	$2,791.33	$0.00
Taxes / mo	$604.17	$604.17	$604.17
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$268.98	$268.98	$130.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,845.65	$6,636.98	$5,469.10
Cash to close	$504,706	$72,500	$72,500