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	$413,973	$413,973	$517,500
Remaining term (yrs)	24.5	24.5	30.0
Secondary amount	$0	$103,527	$0
Funding fee	$0	$0	$0
Note rate	2.810%	2.810%	7.400%
Blended rate	3.660%	4.528%	7.640%
1st payment	$1,944.94	$1,944.94	$3,583.07
2nd payment	$0.00	$690.18	$0.00
Taxes / mo	$280.42	$280.42	$280.42
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$334.85	$334.85	$103.50
HOA / mo	$617.00	$617.00	$617.00
Total monthly	$3,343.87	$4,034.05	$4,750.65
Cash to close	$161,027	$57,500	$57,500