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	$128,289	$128,289	$450,000
Remaining term (yrs)	13.5	13.5	30.0
Secondary amount	$0	$321,711	$0
Funding fee	$0	$0	$0
Note rate	5.120%	5.120%	7.400%
Blended rate	5.970%	7.243%	7.640%
1st payment	$1,089.20	$1,089.20	$3,115.71
2nd payment	$0.00	$2,077.72	$0.00
Taxes / mo	$416.67	$416.67	$416.67
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$141.78	$141.78	$90.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,814.31	$3,892.02	$3,789.04
Cash to close	$371,711	$50,000	$50,000