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	$273,229	$273,229	$499,500
Remaining term (yrs)	22.8	22.8	30.0
Secondary amount	$0	$226,271	$0
Funding fee	$0	$0	$0
Note rate	3.800%	3.800%	7.400%
Blended rate	4.650%	6.054%	7.640%
1st payment	$1,489.66	$1,489.66	$3,458.44
2nd payment	$0.00	$1,461.34	$0.00
Taxes / mo	$957.92	$957.92	$957.92
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$226.45	$226.45	$99.90
HOA / mo	$1.83	$1.83	$1.83
Total monthly	$2,842.52	$4,303.86	$4,684.75
Cash to close	$281,771	$55,500	$55,500