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	$270,728	$270,728	$369,000
Remaining term (yrs)	24.8	24.8	30.0
Secondary amount	$0	$98,272	$0
Funding fee	$0	$0	$0
Note rate	2.990%	2.990%	7.400%
Blended rate	3.840%	5.214%	7.640%
1st payment	$1,285.30	$1,285.30	$2,554.88
2nd payment	$0.00	$737.04	$0.00
Taxes / mo	$341.67	$341.67	$341.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$216.22	$216.22	$73.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,993.19	$2,730.23	$3,120.35
Cash to close	$139,272	$41,000	$41,000