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	$374,663	$374,663	$557,100
Remaining term (yrs)	28.9	28.9	30.0
Secondary amount	$0	$182,437	$0
Funding fee	$0	$0	$0
Note rate	4.990%	4.990%	7.400%
Blended rate	5.540%	6.346%	7.640%
1st payment	$2,039.12	$2,039.12	$3,857.25
2nd payment	$0.00	$1,216.24	$0.00
Taxes / mo	$652.50	$652.50	$652.50
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$174.30	$174.30	$111.42
HOA / mo	$53.33	$53.33	$53.33
Total monthly	$3,085.92	$4,302.16	$4,841.16
Cash to close	$244,337	$61,900	$61,900