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	$220,112	$220,112	$405,000
Remaining term (yrs)	20.4	20.4	30.0
Secondary amount	$0	$184,888	$0
Funding fee	$0	$0	$0
Note rate	4.130%	4.130%	7.400%
Blended rate	4.980%	6.359%	7.640%
1st payment	$1,327.81	$1,327.81	$2,804.14
2nd payment	$0.00	$1,232.59	$0.00
Taxes / mo	$375.00	$375.00	$375.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$193.95	$193.95	$81.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,046.76	$3,279.35	$3,410.14
Cash to close	$229,888	$45,000	$45,000