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	$238,596	$238,596	$989,100
Remaining term (yrs)	12.5	12.5	30.0
Secondary amount	$0	$750,504	$0
Funding fee	$0	$0	$0
Note rate	4.500%	4.500%	7.400%
Blended rate	5.350%	7.171%	7.640%
1st payment	$2,062.21	$2,062.21	$6,848.33
2nd payment	$0.00	$4,847.01	$0.00
Taxes / mo	$427.92	$427.92	$427.92
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$288.29	$288.29	$197.82
HOA / mo	$110.00	$110.00	$110.00
Total monthly	$3,105.08	$7,952.09	$7,800.73
Cash to close	$860,404	$109,900	$109,900