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	$307,390	$307,390	$562,500
Remaining term (yrs)	22.6	22.6	30.0
Secondary amount	$0	$255,110	$0
Funding fee	$0	$0	$0
Note rate	4.140%	4.140%	7.400%
Blended rate	4.990%	6.242%	7.640%
1st payment	$1,740.05	$1,740.05	$3,894.64
2nd payment	$0.00	$1,647.59	$0.00
Taxes / mo	$520.83	$520.83	$520.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$253.86	$253.86	$112.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,681.41	$4,329.00	$4,694.64
Cash to close	$317,610	$62,500	$62,500