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	$104,466	$104,466	$328,500
Remaining term (yrs)	12.6	12.6	30.0
Secondary amount	$0	$224,034	$0
Funding fee	$0	$0	$0
Note rate	4.780%	4.780%	7.400%
Blended rate	5.630%	7.076%	7.640%
1st payment	$913.17	$913.17	$2,274.47
2nd payment	$0.00	$1,446.89	$0.00
Taxes / mo	$240.92	$240.92	$240.92
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$123.57	$123.57	$65.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,427.65	$2,874.54	$2,731.08
Cash to close	$260,534	$36,500	$36,500