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	$202,449	$202,449	$360,000
Remaining term (yrs)	20.4	20.4	30.0
Secondary amount	$0	$157,551	$0
Funding fee	$0	$0	$0
Note rate	4.190%	4.190%	7.400%
Blended rate	5.040%	6.335%	7.640%
1st payment	$1,227.74	$1,227.74	$2,492.57
2nd payment	$0.00	$1,050.34	$0.00
Taxes / mo	$232.50	$232.50	$232.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$178.05	$178.05	$72.00
HOA / mo	$57.00	$57.00	$57.00
Total monthly	$1,845.29	$2,895.63	$3,004.07
Cash to close	$197,551	$40,000	$40,000