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	$400,576	$400,576	$580,500
Remaining term (yrs)	25.7	25.7	30.0
Secondary amount	$0	$179,924	$0
Funding fee	$0	$0	$0
Note rate	5.230%	5.230%	7.400%
Blended rate	6.080%	6.675%	7.640%
1st payment	$2,358.36	$2,358.36	$4,019.26
2nd payment	$0.00	$1,199.49	$0.00
Taxes / mo	$230.42	$230.42	$230.42
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$303.20	$303.20	$116.10
HOA / mo	$43.00	$43.00	$43.00
Total monthly	$3,101.64	$4,301.13	$4,575.45
Cash to close	$244,424	$64,500	$64,500