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	$250,730	$250,730	$436,500
Remaining term (yrs)	21.6	21.6	30.0
Secondary amount	$0	$185,770	$0
Funding fee	$0	$0	$0
Note rate	4.470%	4.470%	7.400%
Blended rate	5.320%	6.461%	7.640%
1st payment	$1,503.79	$1,503.79	$3,022.24
2nd payment	$0.00	$1,238.47	$0.00
Taxes / mo	$168.75	$168.75	$168.75
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$210.97	$210.97	$87.30
HOA / mo	$120.00	$120.00	$120.00
Total monthly	$2,170.18	$3,408.64	$3,564.95
Cash to close	$234,270	$48,500	$48,500