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	$247,225	$247,225	$260,910
Remaining term (yrs)	25.5	25.5	30.0
Secondary amount	$0	$28,180	$0
Funding fee	$0	$0	$0
Note rate	3.920%	3.920%	7.400%
Blended rate	4.770%	5.497%	7.640%
1st payment	$1,276.69	$1,276.69	$1,806.49
2nd payment	$0.00	$278.87	$0.00
Taxes / mo	$364.25	$364.25	$364.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$191.26	$191.26	$52.18
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,982.20	$2,261.07	$2,372.92
Cash to close	$42,675	$14,495	$28,990