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	$203,433	$203,433	$431,100
Remaining term (yrs)	20.5	20.5	30.0
Secondary amount	$0	$227,667	$0
Funding fee	$0	$0	$0
Note rate	4.170%	4.170%	7.400%
Blended rate	5.020%	6.462%	7.640%
1st payment	$1,228.38	$1,228.38	$2,984.85
2nd payment	$0.00	$1,470.35	$0.00
Taxes / mo	$390.83	$390.83	$390.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$178.57	$178.57	$86.22
HOA / mo	$253.00	$253.00	$253.00
Total monthly	$2,217.45	$3,687.80	$3,881.57
Cash to close	$275,567	$47,900	$47,900