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	$222,750	$222,750	$463,500
Remaining term (yrs)	22.3	22.3	30.0
Secondary amount	$0	$240,750	$0
Funding fee	$0	$0	$0
Note rate	4.550%	4.550%	7.400%
Blended rate	5.400%	6.621%	7.640%
1st payment	$1,322.38	$1,322.38	$3,209.18
2nd payment	$0.00	$1,554.85	$0.00
Taxes / mo	$163.50	$163.50	$163.50
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$183.79	$183.79	$92.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,836.33	$3,391.17	$3,632.05
Cash to close	$292,250	$51,500	$51,500