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	$505,672	$505,672	$684,000
Remaining term (yrs)	28.4	28.4	30.0
Secondary amount	$0	$178,328	$0
Funding fee	$0	$0	$0
Note rate	0.000%	0.000%	7.400%
Blended rate	0.550%	2.492%	7.640%
1st payment	$1,404.64	$1,404.64	$4,735.88
2nd payment	$0.00	$1,188.85	$0.00
Taxes / mo	$199.01	$199.01	$199.01
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$231.77	$231.77	$136.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,052.08	$3,240.94	$5,288.35
Cash to close	$254,328	$76,000	$76,000