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	$218,696	$218,696	$427,500
Remaining term (yrs)	20.1	20.1	30.0
Secondary amount	$0	$208,804	$0
Funding fee	$0	$0	$0
Note rate	3.540%	3.540%	7.400%
Blended rate	4.390%	6.031%	7.640%
1st payment	$1,262.05	$1,262.05	$2,959.92
2nd payment	$0.00	$1,348.52	$0.00
Taxes / mo	$511.42	$511.42	$511.42
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$198.09	$198.09	$85.50
HOA / mo	$77.00	$77.00	$77.00
Total monthly	$2,215.22	$3,563.75	$3,800.51
Cash to close	$256,304	$47,500	$47,500