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	$379,780	$379,780	$472,500
Remaining term (yrs)	25.8	25.8	30.0
Secondary amount	$0	$92,720	$0
Funding fee	$0	$0	$0
Note rate	3.850%	3.850%	7.400%
Blended rate	4.700%	5.544%	7.640%
1st payment	$1,931.86	$1,931.86	$3,271.49
2nd payment	$0.00	$695.40	$0.00
Taxes / mo	$204.00	$204.00	$204.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$291.89	$291.89	$94.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,594.42	$3,289.82	$3,736.66
Cash to close	$145,220	$52,500	$52,500