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	$340,528	$340,528	$567,000
Remaining term (yrs)	20.5	20.5	30.0
Secondary amount	$0	$226,472	$0
Funding fee	$0	$0	$0
Note rate	4.200%	4.200%	7.400%
Blended rate	5.050%	6.128%	7.640%
1st payment	$2,056.42	$2,056.42	$3,925.79
2nd payment	$0.00	$1,462.63	$0.00
Taxes / mo	$335.92	$335.92	$335.92
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$297.87	$297.87	$113.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,856.88	$4,319.51	$4,541.78
Cash to close	$289,472	$63,000	$63,000