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	$224,165	$224,165	$607,500
Remaining term (yrs)	19.7	19.7	30.0
Secondary amount	$0	$383,335	$0
Funding fee	$0	$0	$0
Note rate	3.640%	3.640%	7.400%
Blended rate	4.490%	6.547%	7.640%
1st payment	$1,323.78	$1,323.78	$4,206.21
2nd payment	$0.00	$2,475.70	$0.00
Taxes / mo	$325.42	$325.42	$325.42
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$205.23	$205.23	$121.50
HOA / mo	$61.00	$61.00	$61.00
Total monthly	$2,082.09	$4,557.79	$4,880.79
Cash to close	$450,835	$67,500	$67,500