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	$108,695	$108,695	$346,500
Remaining term (yrs)	6.3	6.3	30.0
Secondary amount	$0	$237,805	$0
Funding fee	$0	$0	$0
Note rate	2.820%	2.820%	7.400%
Blended rate	3.670%	6.470%	7.640%
1st payment	$1,544.84	$1,544.84	$2,399.10
2nd payment	$0.00	$1,535.82	$0.00
Taxes / mo	$320.83	$320.83	$320.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$265.63	$265.63	$69.30
HOA / mo	$366.00	$366.00	$366.00
Total monthly	$2,647.30	$4,183.13	$3,305.23
Cash to close	$276,305	$38,500	$38,500