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	$391,627	$391,627	$495,000
Remaining term (yrs)	25.5	25.5	30.0
Secondary amount	$0	$103,373	$0
Funding fee	$0	$0	$0
Note rate	3.850%	3.850%	7.400%
Blended rate	4.700%	5.389%	7.640%
1st payment	$2,003.45	$2,003.45	$3,427.28
2nd payment	$0.00	$689.15	$0.00
Taxes / mo	$135.58	$135.58	$135.58
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$302.71	$302.71	$99.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,608.41	$3,297.56	$3,828.53
Cash to close	$158,373	$55,000	$55,000