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	$613,920	$613,920	$836,999
Remaining term (yrs)	24.8	24.8	30.0
Secondary amount	$0	$223,080	$0
Funding fee	$0	$0	$0
Note rate	3.020%	3.020%	7.400%
Blended rate	3.870%	4.904%	7.640%
1st payment	$2,924.20	$2,924.20	$5,795.21
2nd payment	$0.00	$1,440.72	$0.00
Taxes / mo	$775.00	$775.00	$775.00
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$490.04	$490.04	$167.40
HOA / mo	$140.00	$140.00	$140.00
Total monthly	$4,545.91	$5,986.63	$7,094.28
Cash to close	$316,079	$93,000	$93,000