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	$392,435	$392,435	$629,910
Remaining term (yrs)	24.5	24.5	30.0
Secondary amount	$0	$237,475	$0
Funding fee	$0	$0	$0
Note rate	3.080%	3.080%	7.400%
Blended rate	3.930%	5.370%	7.640%
1st payment	$1,894.20	$1,894.20	$4,361.37
2nd payment	$0.00	$1,533.69	$0.00
Taxes / mo	$583.25	$583.25	$583.25
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$315.01	$315.01	$125.98
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,959.13	$4,492.83	$5,237.27
Cash to close	$307,465	$69,990	$69,990