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	$298,843	$298,843	$328,491
Remaining term (yrs)	25.4	25.4	30.0
Secondary amount	$0	$29,648	$0
Funding fee	$0	$0	$0
Note rate	3.550%	3.550%	7.400%
Blended rate	4.400%	4.815%	7.640%
1st payment	$1,485.80	$1,485.80	$2,274.41
2nd payment	$0.00	$222.36	$0.00
Taxes / mo	$260.25	$260.25	$260.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$232.92	$232.92	$65.70
HOA / mo	$83.00	$83.00	$83.00
Total monthly	$2,211.97	$2,434.33	$2,833.35
Cash to close	$66,147	$36,499	$36,499