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	$116,781	$116,781	$349,200
Remaining term (yrs)	12.3	12.3	30.0
Secondary amount	$0	$232,419	$0
Funding fee	$0	$0	$0
Note rate	5.000%	5.000%	7.400%
Blended rate	5.850%	7.115%	7.640%
1st payment	$1,053.65	$1,053.65	$2,417.79
2nd payment	$0.00	$1,501.04	$0.00
Taxes / mo	$454.79	$454.79	$454.79
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$139.03	$139.03	$69.84
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,797.47	$3,298.51	$3,092.42
Cash to close	$271,219	$38,800	$38,800