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	$208,864	$208,864	$625,275
Remaining term (yrs)	11.7	11.7	30.0
Secondary amount	$0	$416,411	$0
Funding fee	$0	$0	$0
Note rate	5.980%	5.980%	7.400%
Blended rate	6.830%	7.443%	7.640%
1st payment	$2,055.68	$2,055.68	$4,329.28
2nd payment	$0.00	$2,689.32	$0.00
Taxes / mo	$341.75	$341.75	$341.75
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$243.39	$243.39	$125.06
HOA / mo	$74.00	$74.00	$74.00
Total monthly	$2,881.49	$5,570.80	$5,036.75
Cash to close	$485,886	$69,475	$69,475