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	$6,362	$6,362	$283,410
Remaining term (yrs)	18.5	18.5	30.0
Secondary amount	$0	$277,048	$0
Funding fee	$0	$0	$0
Note rate	2.870%	2.870%	7.400%
Blended rate	3.720%	7.660%	7.640%
1st payment	$36.84	$36.84	$1,962.27
2nd payment	$0.00	$1,789.27	$0.00
Taxes / mo	$137.34	$137.34	$137.34
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$5.43	$5.43	$56.68
HOA / mo	$20.00	$20.00	$20.00
Total monthly	$349.61	$2,138.88	$2,326.30
Cash to close	$308,538	$31,490	$31,490