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	$292,872	$292,872	$427,500
Remaining term (yrs)	24.1	24.1	30.0
Secondary amount	$0	$134,628	$0
Funding fee	$0	$0	$0
Note rate	2.830%	2.830%	7.400%
Blended rate	3.680%	5.040%	7.640%
1st payment	$1,392.11	$1,392.11	$2,959.92
2nd payment	$0.00	$897.52	$0.00
Taxes / mo	$183.42	$183.42	$183.42
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$239.05	$239.05	$85.50
HOA / mo	$63.00	$63.00	$63.00
Total monthly	$2,044.25	$2,941.77	$3,458.51
Cash to close	$182,128	$47,500	$47,500