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	$262,255	$262,255	$382,500
Remaining term (yrs)	23.2	23.2	30.0
Secondary amount	$0	$120,245	$0
Funding fee	$0	$0	$0
Note rate	3.660%	3.660%	7.400%
Blended rate	4.510%	5.607%	7.640%
1st payment	$1,394.15	$1,394.15	$2,648.35
2nd payment	$0.00	$801.63	$0.00
Taxes / mo	$184.75	$184.75	$184.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$215.61	$215.61	$76.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,944.51	$2,746.14	$3,059.60
Cash to close	$162,745	$42,500	$42,500