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	$279,586	$279,586	$707,399
Remaining term (yrs)	18.5	18.5	30.0
Secondary amount	$0	$427,813	$0
Funding fee	$0	$0	$0
Note rate	3.690%	3.690%	7.400%
Blended rate	4.540%	6.481%	7.640%
1st payment	$1,728.82	$1,728.82	$4,897.89
2nd payment	$0.00	$2,762.96	$0.00
Taxes / mo	$655.00	$655.00	$655.00
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$266.38	$266.38	$141.48
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,866.87	$5,629.82	$5,911.03
Cash to close	$506,413	$78,600	$78,600