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	$195,203	$195,203	$350,910
Remaining term (yrs)	22.1	22.1	30.0
Secondary amount	$0	$155,707	$0
Funding fee	$0	$0	$0
Note rate	4.630%	4.630%	7.400%
Blended rate	5.480%	6.598%	7.640%
1st payment	$1,172.51	$1,172.51	$2,429.63
2nd payment	$0.00	$1,038.05	$0.00
Taxes / mo	$678.33	$678.33	$678.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$161.44	$161.44	$70.18
HOA / mo	$91.67	$91.67	$91.67
Total monthly	$2,253.96	$3,292.00	$3,419.82
Cash to close	$194,697	$38,990	$38,990