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	$225,583	$225,583	$378,000
Remaining term (yrs)	20.3	20.3	30.0
Secondary amount	$0	$152,417	$0
Funding fee	$0	$0	$0
Note rate	4.200%	4.200%	7.400%
Blended rate	5.050%	6.239%	7.640%
1st payment	$1,372.77	$1,372.77	$2,617.20
2nd payment	$0.00	$1,016.11	$0.00
Taxes / mo	$376.67	$376.67	$376.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$198.84	$198.84	$75.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,098.28	$3,114.40	$3,219.46
Cash to close	$194,417	$42,000	$42,000