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	$214,371	$214,371	$557,100
Remaining term (yrs)	20.0	20.0	30.0
Secondary amount	$0	$342,729	$0
Funding fee	$0	$0	$0
Note rate	3.370%	3.370%	7.400%
Blended rate	4.220%	6.392%	7.640%
1st payment	$1,225.42	$1,225.42	$3,857.25
2nd payment	$0.00	$2,213.46	$0.00
Taxes / mo	$233.83	$233.83	$233.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$196.46	$196.46	$111.42
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,822.38	$4,035.84	$4,369.17
Cash to close	$404,629	$61,900	$61,900