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	$477,976	$477,976	$755,100
Remaining term (yrs)	23.1	23.1	30.0
Secondary amount	$0	$277,124	$0
Funding fee	$0	$0	$0
Note rate	3.690%	3.690%	7.400%
Blended rate	4.540%	5.718%	7.640%
1st payment	$2,554.35	$2,554.35	$5,228.16
2nd payment	$0.00	$1,789.76	$0.00
Taxes / mo	$762.42	$762.42	$762.42
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$393.57	$393.57	$151.02
HOA / mo	$70.00	$70.00	$70.00
Total monthly	$3,997.01	$5,786.77	$6,428.26
Cash to close	$361,024	$83,900	$83,900