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	$288,213	$288,213	$337,500
Remaining term (yrs)	25.6	25.6	30.0
Secondary amount	$0	$49,287	$0
Funding fee	$0	$0	$0
Note rate	4.720%	4.720%	7.400%
Blended rate	5.570%	6.071%	7.640%
1st payment	$1,613.26	$1,613.26	$2,336.78
2nd payment	$0.00	$369.65	$0.00
Taxes / mo	$545.33	$545.33	$545.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$219.82	$219.82	$67.50
HOA / mo	$72.00	$72.00	$72.00
Total monthly	$2,600.41	$2,970.07	$3,171.62
Cash to close	$86,787	$37,500	$37,500