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	$162,702	$162,702	$450,000
Remaining term (yrs)	11.4	11.4	30.0
Secondary amount	$0	$287,298	$0
Funding fee	$0	$0	$0
Note rate	5.880%	5.880%	7.400%
Blended rate	6.730%	7.381%	7.640%
1st payment	$1,624.99	$1,624.99	$3,115.71
2nd payment	$0.00	$1,855.47	$0.00
Taxes / mo	$167.83	$167.83	$167.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$194.48	$194.48	$90.00
HOA / mo	$18.00	$18.00	$18.00
Total monthly	$2,171.96	$4,027.43	$3,558.21
Cash to close	$337,298	$50,000	$50,000