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	$216,649	$216,649	$472,499
Remaining term (yrs)	25.3	25.3	30.0
Secondary amount	$0	$255,850	$0
Funding fee	$0	$0	$0
Note rate	3.220%	3.220%	7.400%
Blended rate	4.070%	6.063%	7.640%
1st payment	$1,041.11	$1,041.11	$3,271.49
2nd payment	$0.00	$1,652.36	$0.00
Taxes / mo	$269.67	$269.67	$269.67
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$170.09	$170.09	$94.50
HOA / mo	$28.00	$28.00	$28.00
Total monthly	$1,675.54	$3,327.90	$3,830.32
Cash to close	$308,350	$52,500	$52,500