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	$154,590	$154,590	$467,910
Remaining term (yrs)	12.3	12.3	30.0
Secondary amount	$0	$313,320	$0
Funding fee	$0	$0	$0
Note rate	5.000%	5.000%	7.400%
Blended rate	5.850%	7.122%	7.640%
1st payment	$1,394.78	$1,394.78	$3,239.71
2nd payment	$0.00	$2,023.53	$0.00
Taxes / mo	$384.58	$384.58	$384.58
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$184.04	$184.04	$93.58
HOA / mo	$75.00	$75.00	$75.00
Total monthly	$2,205.07	$4,228.60	$3,959.55
Cash to close	$365,310	$51,990	$51,990