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	$234,381	$234,381	$418,500
Remaining term (yrs)	18.5	18.5	30.0
Secondary amount	$0	$184,119	$0
Funding fee	$0	$0	$0
Note rate	4.000%	4.000%	7.400%
Blended rate	4.850%	6.236%	7.640%
1st payment	$1,491.30	$1,491.30	$2,897.61
2nd payment	$0.00	$1,227.46	$0.00
Taxes / mo	$442.75	$442.75	$442.75
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$221.26	$221.26	$83.70
HOA / mo	$14.92	$14.92	$14.92
Total monthly	$2,336.90	$3,564.36	$3,605.65
Cash to close	$230,619	$46,500	$46,500