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	$227,501	$227,501	$252,000
Remaining term (yrs)	25.5	25.5	30.0
Secondary amount	$0	$38,499	$0
Funding fee	$0	$0	$0
Note rate	4.720%	4.720%	7.400%
Blended rate	5.570%	6.483%	7.640%
1st payment	$1,275.55	$1,275.55	$1,744.80
2nd payment	$0.00	$380.98	$0.00
Taxes / mo	$134.42	$134.42	$134.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$173.81	$173.81	$50.40
HOA / mo	$15.00	$15.00	$15.00
Total monthly	$1,748.77	$2,129.75	$2,094.61
Cash to close	$52,499	$14,000	$28,000