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	$624,173	$624,173	$836,999
Remaining term (yrs)	24.6	24.6	30.0
Secondary amount	$0	$212,826	$0
Funding fee	$0	$0	$0
Note rate	2.990%	2.990%	7.400%
Blended rate	3.840%	4.834%	7.640%
1st payment	$2,976.76	$2,976.76	$5,795.21
2nd payment	$0.00	$1,374.50	$0.00
Taxes / mo	$775.00	$775.00	$775.00
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$500.76	$500.76	$167.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$4,469.18	$5,843.68	$6,954.28
Cash to close	$305,826	$93,000	$93,000