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	$214,255	$214,255	$408,599
Remaining term (yrs)	21.5	21.5	30.0
Secondary amount	$0	$194,344	$0
Funding fee	$0	$0	$0
Note rate	4.440%	4.440%	7.400%
Blended rate	5.290%	6.579%	7.640%
1st payment	$1,284.43	$1,284.43	$2,829.06
2nd payment	$0.00	$1,295.63	$0.00
Taxes / mo	$134.83	$134.83	$134.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$180.83	$180.83	$81.72
HOA / mo	$29.00	$29.00	$29.00
Total monthly	$1,795.76	$3,091.39	$3,241.28
Cash to close	$239,744	$45,400	$45,400