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	$161,211	$161,211	$495,000
Remaining term (yrs)	12.2	12.2	30.0
Secondary amount	$0	$333,789	$0
Funding fee	$0	$0	$0
Note rate	5.950%	5.950%	7.400%
Blended rate	6.800%	7.441%	7.640%
1st payment	$1,539.96	$1,539.96	$3,427.28
2nd payment	$0.00	$2,155.72	$0.00
Taxes / mo	$949.57	$949.57	$949.57
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$182.92	$182.92	$99.00
HOA / mo	$290.00	$290.00	$290.00
Total monthly	$3,129.12	$5,284.84	$4,932.52
Cash to close	$388,789	$55,000	$55,000