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	$221,175	$221,175	$409,500
Remaining term (yrs)	23.5	23.5	30.0
Secondary amount	$0	$188,325	$0
Funding fee	$0	$0	$0
Note rate	3.450%	3.450%	7.400%
Blended rate	4.300%	6.002%	7.640%
1st payment	$1,140.58	$1,140.58	$2,835.30
2nd payment	$0.00	$1,255.50	$0.00
Taxes / mo	$215.08	$215.08	$215.08
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$181.04	$181.04	$81.90
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,703.37	$2,958.87	$3,298.95
Cash to close	$233,825	$45,500	$45,500