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	$389,831	$389,831	$455,400
Remaining term (yrs)	25.4	25.4	30.0
Secondary amount	$0	$65,569	$0
Funding fee	$0	$0	$0
Note rate	3.690%	3.690%	7.400%
Blended rate	4.540%	5.182%	7.640%
1st payment	$1,967.78	$1,967.78	$3,153.10
2nd payment	$0.00	$491.77	$0.00
Taxes / mo	$561.58	$561.58	$561.58
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$303.20	$303.20	$91.08
HOA / mo	$158.33	$158.33	$158.33
Total monthly	$3,157.56	$3,649.32	$4,130.76
Cash to close	$116,169	$50,600	$50,600