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	$259,293	$259,293	$387,000
Remaining term (yrs)	24.2	24.2	30.0
Secondary amount	$0	$127,707	$0
Funding fee	$0	$0	$0
Note rate	2.700%	2.700%	7.400%
Blended rate	3.550%	5.018%	7.640%
1st payment	$1,212.37	$1,212.37	$2,679.51
2nd payment	$0.00	$851.38	$0.00
Taxes / mo	$354.00	$354.00	$354.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$211.73	$211.73	$77.40
HOA / mo	$138.00	$138.00	$138.00
Total monthly	$2,066.10	$2,917.48	$3,398.91
Cash to close	$170,707	$43,000	$43,000