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	$274,886	$274,886	$499,500
Remaining term (yrs)	22.7	22.7	30.0
Secondary amount	$0	$224,614	$0
Funding fee	$0	$0	$0
Note rate	4.070%	4.070%	7.400%
Blended rate	4.920%	6.193%	7.640%
1st payment	$1,542.16	$1,542.16	$3,458.44
2nd payment	$0.00	$1,450.63	$0.00
Taxes / mo	$601.50	$601.50	$601.50
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$226.89	$226.89	$99.90
HOA / mo	$83.00	$83.00	$83.00
Total monthly	$2,620.21	$4,070.85	$4,409.50
Cash to close	$280,114	$55,500	$55,500