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	$313,301	$313,301	$675,000
Remaining term (yrs)	25.5	25.5	30.0
Secondary amount	$0	$361,699	$0
Funding fee	$0	$0	$0
Note rate	3.850%	3.850%	7.400%
Blended rate	4.700%	6.334%	7.640%
1st payment	$1,602.76	$1,602.76	$4,673.56
2nd payment	$0.00	$2,335.97	$0.00
Taxes / mo	$498.69	$498.69	$498.69
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$242.17	$242.17	$135.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,560.28	$4,896.25	$5,523.92
Cash to close	$436,699	$75,000	$75,000