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	$220,676	$220,676	$328,500
Remaining term (yrs)	22.2	22.2	30.0
Secondary amount	$0	$107,824	$0
Funding fee	$0	$0	$0
Note rate	4.940%	4.940%	7.400%
Blended rate	5.790%	6.515%	7.640%
1st payment	$1,361.05	$1,361.05	$2,274.47
2nd payment	$0.00	$718.82	$0.00
Taxes / mo	$642.67	$642.67	$642.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$180.82	$180.82	$65.70
HOA / mo	$130.00	$130.00	$130.00
Total monthly	$2,464.54	$3,183.37	$3,262.83
Cash to close	$144,324	$36,500	$36,500