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	$197,970	$197,970	$386,910
Remaining term (yrs)	22.4	22.4	30.0
Secondary amount	$0	$188,940	$0
Funding fee	$0	$0	$0
Note rate	4.450%	4.450%	7.400%
Blended rate	5.300%	6.618%	7.640%
1st payment	$1,161.80	$1,161.80	$2,678.89
2nd payment	$0.00	$1,259.60	$0.00
Taxes / mo	$298.58	$298.58	$298.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$163.37	$163.37	$77.38
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,773.75	$3,033.35	$3,204.85
Cash to close	$231,930	$42,990	$42,990