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	$404,920	$404,920	$692,100
Remaining term (yrs)	24.5	24.5	30.0
Secondary amount	$0	$287,180	$0
Funding fee	$0	$0	$0
Note rate	2.810%	2.810%	7.400%
Blended rate	3.660%	5.357%	7.640%
1st payment	$1,902.40	$1,902.40	$4,791.96
2nd payment	$0.00	$1,854.70	$0.00
Taxes / mo	$640.83	$640.83	$640.83
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$327.53	$327.53	$138.42
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,087.43	$4,942.13	$5,787.88
Cash to close	$364,080	$76,900	$76,900