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	$250,629	$250,629	$585,000
Remaining term (yrs)	20.6	20.6	30.0
Secondary amount	$0	$334,371	$0
Funding fee	$0	$0	$0
Note rate	4.030%	4.030%	7.400%
Blended rate	4.880%	6.520%	7.640%
1st payment	$1,486.97	$1,486.97	$4,050.42
2nd payment	$0.00	$2,159.48	$0.00
Taxes / mo	$376.17	$376.17	$376.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$219.82	$219.82	$117.00
HOA / mo	$110.00	$110.00	$110.00
Total monthly	$2,359.62	$4,519.10	$4,820.26
Cash to close	$399,371	$65,000	$65,000