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	$357,432	$357,432	$459,000
Remaining term (yrs)	24.1	24.1	30.0
Secondary amount	$0	$101,568	$0
Funding fee	$0	$0	$0
Note rate	2.830%	2.830%	7.400%
Blended rate	3.680%	4.636%	7.640%
1st payment	$1,698.98	$1,698.98	$3,178.02
2nd payment	$0.00	$677.12	$0.00
Taxes / mo	$228.50	$228.50	$228.50
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$291.75	$291.75	$91.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,385.90	$3,063.02	$3,664.99
Cash to close	$152,568	$51,000	$51,000