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	$240,164	$240,164	$697,500
Remaining term (yrs)	16.1	16.1	30.0
Secondary amount	$0	$457,336	$0
Funding fee	$0	$0	$0
Note rate	3.590%	3.590%	7.400%
Blended rate	4.440%	6.610%	7.640%
1st payment	$1,627.38	$1,627.38	$4,829.35
2nd payment	$0.00	$2,953.63	$0.00
Taxes / mo	$596.50	$596.50	$596.50
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$253.86	$253.86	$139.50
HOA / mo	$250.67	$250.67	$250.67
Total monthly	$2,945.08	$5,898.70	$6,032.69
Cash to close	$534,836	$77,500	$77,500