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	$261,721	$261,721	$495,000
Remaining term (yrs)	23.3	23.3	30.0
Secondary amount	$0	$233,279	$0
Funding fee	$0	$0	$0
Note rate	3.700%	3.700%	7.400%
Blended rate	4.550%	6.058%	7.640%
1st payment	$1,393.77	$1,393.77	$3,427.28
2nd payment	$0.00	$1,506.60	$0.00
Taxes / mo	$177.33	$177.33	$177.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$214.49	$214.49	$99.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,952.26	$3,458.86	$3,870.28
Cash to close	$288,279	$55,000	$55,000