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	$265,979	$265,979	$584,910
Remaining term (yrs)	15.5	15.5	30.0
Secondary amount	$0	$318,931	$0
Funding fee	$0	$0	$0
Note rate	3.980%	3.980%	7.400%
Blended rate	4.830%	6.422%	7.640%
1st payment	$1,903.68	$1,903.68	$4,049.80
2nd payment	$0.00	$2,059.77	$0.00
Taxes / mo	$541.58	$541.58	$541.58
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$283.13	$283.13	$116.98
HOA / mo	$590.00	$590.00	$590.00
Total monthly	$3,485.05	$5,544.82	$5,465.03
Cash to close	$383,921	$64,990	$64,990