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	$334,197	$334,197	$432,000
Remaining term (yrs)	24.8	24.8	30.0
Secondary amount	$0	$97,803	$0
Funding fee	$0	$0	$0
Note rate	2.980%	2.980%	7.400%
Blended rate	3.830%	5.000%	7.640%
1st payment	$1,584.89	$1,584.89	$2,991.08
2nd payment	$0.00	$733.53	$0.00
Taxes / mo	$284.92	$284.92	$284.92
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$266.96	$266.96	$86.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,303.43	$3,036.95	$3,529.06
Cash to close	$145,803	$48,000	$48,000