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	$226,952	$226,952	$504,000
Remaining term (yrs)	22.5	22.5	30.0
Secondary amount	$0	$277,048	$0
Funding fee	$0	$0	$0
Note rate	4.200%	4.200%	7.400%
Blended rate	5.050%	6.534%	7.640%
1st payment	$1,294.99	$1,294.99	$3,489.59
2nd payment	$0.00	$1,789.27	$0.00
Taxes / mo	$412.01	$412.01	$412.01
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$187.58	$187.58	$100.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,061.24	$3,850.51	$4,169.07
Cash to close	$333,048	$56,000	$56,000