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	$227,127	$227,127	$436,499
Remaining term (yrs)	21.8	21.8	30.0
Secondary amount	$0	$209,372	$0
Funding fee	$0	$0	$0
Note rate	4.540%	4.540%	7.400%
Blended rate	5.390%	6.522%	7.640%
1st payment	$1,364.86	$1,364.86	$3,022.23
2nd payment	$0.00	$1,352.19	$0.00
Taxes / mo	$379.00	$379.00	$379.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$189.91	$189.91	$87.30
HOA / mo	$52.00	$52.00	$52.00
Total monthly	$2,152.44	$3,504.63	$3,707.20
Cash to close	$257,872	$48,500	$48,500