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	$414,562	$414,562	$657,000
Remaining term (yrs)	21.2	21.2	30.0
Secondary amount	$0	$242,438	$0
Funding fee	$0	$0	$0
Note rate	3.940%	3.940%	7.400%
Blended rate	4.790%	5.882%	7.640%
1st payment	$2,396.70	$2,396.70	$4,548.94
2nd payment	$0.00	$1,565.75	$0.00
Taxes / mo	$608.33	$608.33	$608.33
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$358.18	$358.18	$131.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,579.88	$5,145.63	$5,505.34
Cash to close	$315,438	$73,000	$73,000