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	$105,099	$105,099	$376,200
Remaining term (yrs)	21.4	21.4	30.0
Secondary amount	$0	$271,101	$0
Funding fee	$0	$0	$0
Note rate	4.220%	4.220%	7.400%
Blended rate	5.070%	7.001%	7.640%
1st payment	$620.40	$620.40	$2,604.73
2nd payment	$0.00	$1,750.86	$0.00
Taxes / mo	$310.75	$310.75	$310.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$89.65	$89.65	$75.24
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,170.80	$2,921.66	$3,140.72
Cash to close	$312,901	$41,800	$41,800