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	$245,282	$245,282	$305,100
Remaining term (yrs)	25.5	25.5	30.0
Secondary amount	$0	$59,818	$0
Funding fee	$0	$0	$0
Note rate	4.000%	4.000%	7.400%
Blended rate	4.850%	5.664%	7.640%
1st payment	$1,275.14	$1,275.14	$2,112.45
2nd payment	$0.00	$448.63	$0.00
Taxes / mo	$259.00	$259.00	$259.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$189.19	$189.19	$61.02
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,873.33	$2,321.97	$2,582.47
Cash to close	$93,718	$33,900	$33,900