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	$185,584	$185,584	$553,500
Remaining term (yrs)	13.1	13.1	30.0
Secondary amount	$0	$367,916	$0
Funding fee	$0	$0	$0
Note rate	5.010%	5.010%	7.400%
Blended rate	5.860%	7.116%	7.640%
1st payment	$1,599.50	$1,599.50	$3,832.32
2nd payment	$0.00	$2,376.13	$0.00
Taxes / mo	$828.25	$828.25	$828.25
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$210.81	$210.81	$110.70
HOA / mo	$209.33	$209.33	$209.33
Total monthly	$3,014.56	$5,390.68	$5,147.27
Cash to close	$429,416	$61,500	$61,500