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	$387,534	$387,534	$630,000
Remaining term (yrs)	22.8	22.8	30.0
Secondary amount	$0	$242,466	$0
Funding fee	$0	$0	$0
Note rate	3.800%	3.800%	7.400%
Blended rate	4.650%	5.843%	7.640%
1st payment	$2,112.86	$2,112.86	$4,361.99
2nd payment	$0.00	$1,565.93	$0.00
Taxes / mo	$583.33	$583.33	$583.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$321.19	$321.19	$126.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,184.05	$4,749.97	$5,237.99
Cash to close	$312,466	$70,000	$70,000