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	$237,891	$237,891	$431,910
Remaining term (yrs)	23.4	23.4	30.0
Secondary amount	$0	$194,019	$0
Funding fee	$0	$0	$0
Note rate	3.650%	3.650%	7.400%
Blended rate	4.500%	6.072%	7.640%
1st payment	$1,257.68	$1,257.68	$2,990.46
2nd payment	$0.00	$1,293.46	$0.00
Taxes / mo	$111.87	$111.87	$111.87
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$194.74	$194.74	$86.38
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,730.96	$3,024.41	$3,355.37
Cash to close	$242,009	$47,990	$47,990