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	$251,704	$251,704	$409,500
Remaining term (yrs)	20.9	20.9	30.0
Secondary amount	$0	$157,796	$0
Funding fee	$0	$0	$0
Note rate	4.030%	4.030%	7.400%
Blended rate	4.880%	6.082%	7.640%
1st payment	$1,481.97	$1,481.97	$2,835.30
2nd payment	$0.00	$1,051.98	$0.00
Taxes / mo	$157.33	$157.33	$157.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$219.08	$219.08	$81.90
HOA / mo	$40.00	$40.00	$40.00
Total monthly	$2,065.05	$3,117.03	$3,281.20
Cash to close	$203,296	$45,500	$45,500