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	$209,293	$209,293	$413,100
Remaining term (yrs)	21.2	21.2	30.0
Secondary amount	$0	$203,807	$0
Funding fee	$0	$0	$0
Note rate	3.940%	3.940%	7.400%
Blended rate	4.790%	6.250%	7.640%
1st payment	$1,209.98	$1,209.98	$2,860.22
2nd payment	$0.00	$1,316.26	$0.00
Taxes / mo	$730.75	$730.75	$730.75
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$180.83	$180.83	$82.62
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,288.23	$3,604.48	$3,840.26
Cash to close	$249,707	$45,900	$45,900