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	$370,870	$370,870	$436,500
Remaining term (yrs)	24.5	24.5	30.0
Secondary amount	$0	$65,630	$0
Funding fee	$0	$0	$0
Note rate	2.730%	2.730%	7.400%
Blended rate	3.580%	4.395%	7.640%
1st payment	$1,723.17	$1,723.17	$3,022.24
2nd payment	$0.00	$492.23	$0.00
Taxes / mo	$404.17	$404.17	$404.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$299.76	$299.76	$87.30
HOA / mo	$352.00	$352.00	$352.00
Total monthly	$2,945.76	$3,437.99	$4,032.37
Cash to close	$114,130	$48,500	$48,500