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	$50,198	$50,198	$225,000
Remaining term (yrs)	16.8	16.8	30.0
Secondary amount	$0	$174,802	$0
Funding fee	$0	$0	$0
Note rate	4.070%	4.070%	7.400%
Blended rate	4.920%	7.313%	7.640%
1st payment	$342.50	$342.50	$1,557.85
2nd payment	$0.00	$1,165.35	$0.00
Taxes / mo	$23.82	$23.82	$23.82
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$50.39	$50.39	$45.00
HOA / mo	$360.00	$360.00	$360.00
Total monthly	$926.71	$2,092.06	$2,136.67
Cash to close	$199,802	$25,000	$25,000