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	$258,197	$258,197	$472,500
Remaining term (yrs)	23.5	23.5	30.0
Secondary amount	$0	$214,303	$0
Funding fee	$0	$0	$0
Note rate	3.470%	3.470%	7.400%
Blended rate	4.320%	5.876%	7.640%
1st payment	$1,337.27	$1,337.27	$3,271.49
2nd payment	$0.00	$1,384.04	$0.00
Taxes / mo	$808.83	$808.83	$808.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$211.73	$211.73	$94.50
HOA / mo	$8.92	$8.92	$8.92
Total monthly	$2,533.42	$3,917.46	$4,350.41
Cash to close	$266,803	$52,500	$52,500