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	$397,405	$397,405	$621,000
Remaining term (yrs)	23.6	23.6	30.0
Secondary amount	$0	$223,595	$0
Funding fee	$0	$0	$0
Note rate	3.330%	3.330%	7.400%
Blended rate	4.180%	5.465%	7.640%
1st payment	$2,019.57	$2,019.57	$4,299.68
2nd payment	$0.00	$1,444.05	$0.00
Taxes / mo	$575.00	$575.00	$575.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$325.41	$325.41	$124.20
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,086.65	$4,530.70	$5,165.55
Cash to close	$292,595	$69,000	$69,000