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	$373,115	$373,115	$472,500
Remaining term (yrs)	23.5	23.5	30.0
Secondary amount	$0	$99,385	$0
Funding fee	$0	$0	$0
Note rate	3.360%	3.360%	7.400%
Blended rate	4.210%	5.218%	7.640%
1st payment	$1,906.40	$1,906.40	$3,271.49
2nd payment	$0.00	$745.39	$0.00
Taxes / mo	$279.92	$279.92	$279.92
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$306.02	$306.02	$94.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,659.01	$3,404.39	$3,812.58
Cash to close	$151,885	$52,500	$52,500