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	$358,000	$358,000	$571,050
Remaining term (yrs)	24.2	24.2	30.0
Secondary amount	$0	$213,050	$0
Funding fee	$0	$0	$0
Note rate	2.770%	2.770%	7.400%
Blended rate	3.620%	5.161%	7.640%
1st payment	$1,686.65	$1,686.65	$3,953.83
2nd payment	$0.00	$1,375.95	$0.00
Taxes / mo	$528.75	$528.75	$528.75
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$291.89	$291.89	$114.21
HOA / mo	$160.00	$160.00	$160.00
Total monthly	$2,833.96	$4,209.91	$4,923.46
Cash to close	$276,500	$63,450	$63,450