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	$281,842	$281,842	$468,000
Remaining term (yrs)	23.1	23.1	30.0
Secondary amount	$0	$186,158	$0
Funding fee	$0	$0	$0
Note rate	3.690%	3.690%	7.400%
Blended rate	4.540%	5.916%	7.640%
1st payment	$1,506.20	$1,506.20	$3,240.34
2nd payment	$0.00	$1,241.05	$0.00
Taxes / mo	$245.67	$245.67	$245.67
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$232.07	$232.07	$93.60
HOA / mo	$39.00	$39.00	$39.00
Total monthly	$2,189.60	$3,430.65	$3,785.27
Cash to close	$238,158	$52,000	$52,000