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	$270,946	$270,946	$427,500
Remaining term (yrs)	25.7	25.7	30.0
Secondary amount	$0	$156,554	$0
Funding fee	$0	$0	$0
Note rate	5.090%	5.090%	7.400%
Blended rate	5.940%	6.694%	7.640%
1st payment	$1,572.70	$1,572.70	$2,959.92
2nd payment	$0.00	$1,043.70	$0.00
Taxes / mo	$122.92	$122.92	$122.92
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$205.41	$205.41	$85.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,067.69	$3,111.39	$3,335.01
Cash to close	$204,054	$47,500	$47,500