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	$318,444	$318,444	$342,000
Remaining term (yrs)	25.5	25.5	30.0
Secondary amount	$0	$42,556	$0
Funding fee	$0	$0	$0
Note rate	4.170%	4.170%	7.400%
Blended rate	5.020%	5.828%	7.640%
1st payment	$1,685.70	$1,685.70	$2,367.94
2nd payment	$0.00	$421.13	$0.00
Taxes / mo	$598.30	$598.30	$598.30
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$245.05	$245.05	$68.40
HOA / mo	$12.50	$12.50	$12.50
Total monthly	$2,691.56	$3,112.68	$3,197.14
Cash to close	$61,556	$19,000	$38,000