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	$275,370	$275,370	$418,500
Remaining term (yrs)	24.8	24.8	30.0
Secondary amount	$0	$143,130	$0
Funding fee	$0	$0	$0
Note rate	2.700%	2.700%	7.400%
Blended rate	3.550%	5.072%	7.640%
1st payment	$1,266.24	$1,266.24	$2,897.61
2nd payment	$0.00	$954.20	$0.00
Taxes / mo	$280.80	$280.80	$280.80
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$221.13	$221.13	$83.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,934.83	$2,889.03	$3,428.77
Cash to close	$189,630	$46,500	$46,500