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	$221,404	$221,404	$445,410
Remaining term (yrs)	21.3	21.3	30.0
Secondary amount	$0	$224,006	$0
Funding fee	$0	$0	$0
Note rate	3.950%	3.950%	7.400%
Blended rate	4.800%	6.284%	7.640%
1st payment	$1,278.00	$1,278.00	$3,083.93
2nd payment	$0.00	$1,446.70	$0.00
Taxes / mo	$375.33	$375.33	$375.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$190.76	$190.76	$89.08
HOA / mo	$33.00	$33.00	$33.00
Total monthly	$2,043.76	$3,490.47	$3,748.01
Cash to close	$273,496	$49,490	$49,490