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	$112,370	$112,370	$494,910
Remaining term (yrs)	16.5	16.5	30.0
Secondary amount	$0	$382,540	$0
Funding fee	$0	$0	$0
Note rate	3.380%	3.380%	7.400%
Blended rate	4.230%	6.951%	7.640%
1st payment	$738.41	$738.41	$3,426.66
2nd payment	$0.00	$2,470.57	$0.00
Taxes / mo	$458.25	$458.25	$458.25
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$118.24	$118.24	$98.98
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,481.56	$3,952.13	$4,150.56
Cash to close	$437,530	$54,990	$54,990