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	$311,552	$311,552	$728,999
Remaining term (yrs)	23.6	23.6	30.0
Secondary amount	$0	$417,447	$0
Funding fee	$0	$0	$0
Note rate	3.310%	3.310%	7.400%
Blended rate	4.160%	6.216%	7.640%
1st payment	$1,580.00	$1,580.00	$5,047.44
2nd payment	$0.00	$2,696.01	$0.00
Taxes / mo	$675.00	$675.00	$675.00
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$255.22	$255.22	$145.80
HOA / mo	$670.00	$670.00	$670.00
Total monthly	$3,396.89	$6,092.91	$6,754.91
Cash to close	$498,447	$81,000	$81,000