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	$237,696	$237,696	$414,000
Remaining term (yrs)	21.0	21.0	30.0
Secondary amount	$0	$176,304	$0
Funding fee	$0	$0	$0
Note rate	3.810%	3.810%	7.400%
Blended rate	4.660%	6.082%	7.640%
1st payment	$1,364.74	$1,364.74	$2,866.45
2nd payment	$0.00	$1,175.36	$0.00
Taxes / mo	$261.17	$261.17	$261.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$207.21	$207.21	$82.80
HOA / mo	$22.67	$22.67	$22.67
Total monthly	$2,022.45	$3,197.81	$3,399.76
Cash to close	$222,304	$46,000	$46,000