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	$257,509	$257,509	$598,500
Remaining term (yrs)	24.6	24.6	30.0
Secondary amount	$0	$340,991	$0
Funding fee	$0	$0	$0
Note rate	3.060%	3.060%	7.400%
Blended rate	3.910%	6.098%	7.640%
1st payment	$1,237.46	$1,237.46	$4,143.89
2nd payment	$0.00	$2,202.23	$0.00
Taxes / mo	$554.17	$554.17	$554.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$206.32	$206.32	$119.70
HOA / mo	$175.00	$175.00	$175.00
Total monthly	$2,339.62	$4,541.85	$5,159.43
Cash to close	$407,491	$66,500	$66,500