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	$231,921	$231,921	$359,999
Remaining term (yrs)	22.6	22.6	30.0
Secondary amount	$0	$128,078	$0
Funding fee	$0	$0	$0
Note rate	4.200%	4.200%	7.400%
Blended rate	5.050%	6.100%	7.640%
1st payment	$1,320.44	$1,320.44	$2,492.56
2nd payment	$0.00	$853.85	$0.00
Taxes / mo	$129.58	$129.58	$129.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$191.26	$191.26	$72.00
HOA / mo	$50.00	$50.00	$50.00
Total monthly	$1,841.29	$2,695.14	$2,894.14
Cash to close	$168,078	$40,000	$40,000