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	$304,086	$304,086	$350,100
Remaining term (yrs)	24.4	24.4	30.0
Secondary amount	$0	$46,014	$0
Funding fee	$0	$0	$0
Note rate	2.740%	2.740%	7.400%
Blended rate	3.590%	4.301%	7.640%
1st payment	$1,421.16	$1,421.16	$2,424.02
2nd payment	$0.00	$345.11	$0.00
Taxes / mo	$104.50	$104.50	$104.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$246.90	$246.90	$70.02
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,922.56	$2,267.67	$2,748.54
Cash to close	$84,914	$38,900	$38,900