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	$115,937	$115,937	$603,000
Remaining term (yrs)	15.5	15.5	30.0
Secondary amount	$0	$487,063	$0
Funding fee	$0	$0	$0
Note rate	3.920%	3.920%	7.400%
Blended rate	4.770%	7.177%	7.640%
1st payment	$829.49	$829.49	$4,175.05
2nd payment	$0.00	$3,145.61	$0.00
Taxes / mo	$558.33	$558.33	$558.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$124.27	$124.27	$120.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,678.76	$4,824.37	$5,020.65
Cash to close	$554,063	$67,000	$67,000