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	$247,544	$247,544	$400,500
Remaining term (yrs)	22.6	22.6	30.0
Secondary amount	$0	$152,956	$0
Funding fee	$0	$0	$0
Note rate	4.140%	4.140%	7.400%
Blended rate	4.990%	6.140%	7.640%
1st payment	$1,401.28	$1,401.28	$2,772.98
2nd payment	$0.00	$1,019.71	$0.00
Taxes / mo	$370.83	$370.83	$370.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$204.43	$204.43	$80.10
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,126.55	$3,146.26	$3,373.91
Cash to close	$197,456	$44,500	$44,500