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	$85,657	$85,657	$1,710,000
Remaining term (yrs)	14.2	14.2	30.0
Secondary amount	$0	$1,624,343	$0
Funding fee	$0	$0	$0
Note rate	4.230%	4.230%	7.400%
Blended rate	5.080%	7.616%	7.640%
1st payment	$664.99	$664.99	$11,839.69
2nd payment	$0.00	$10,490.55	$0.00
Taxes / mo	$1,583.33	$1,583.33	$1,583.33
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$95.98	$95.98	$342.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,560.97	$13,051.52	$13,981.69
Cash to close	$1,814,343	$190,000	$190,000