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	$610,760	$610,760	$899,100
Remaining term (yrs)	24.6	24.6	30.0
Secondary amount	$0	$288,340	$0
Funding fee	$0	$0	$0
Note rate	2.980%	2.980%	7.400%
Blended rate	3.830%	5.087%	7.640%
1st payment	$2,909.62	$2,909.62	$6,225.19
2nd payment	$0.00	$1,862.19	$0.00
Taxes / mo	$832.50	$832.50	$832.50
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$490.10	$490.10	$179.82
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$4,448.88	$6,311.08	$7,454.17
Cash to close	$388,240	$99,900	$99,900