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	$279,609	$279,609	$539,999
Remaining term (yrs)	24.4	24.4	30.0
Secondary amount	$0	$260,391	$0
Funding fee	$0	$0	$0
Note rate	2.740%	2.740%	7.400%
Blended rate	3.590%	5.596%	7.640%
1st payment	$1,306.76	$1,306.76	$3,738.84
2nd payment	$0.00	$1,681.69	$0.00
Taxes / mo	$500.00	$500.00	$500.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$227.03	$227.03	$108.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,200.46	$3,882.15	$4,513.51
Cash to close	$320,390	$60,000	$60,000