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	$229,996	$229,996	$436,500
Remaining term (yrs)	24.2	24.2	30.0
Secondary amount	$0	$206,504	$0
Funding fee	$0	$0	$0
Note rate	2.650%	2.650%	7.400%
Blended rate	3.500%	5.511%	7.640%
1st payment	$1,069.56	$1,069.56	$3,022.24
2nd payment	$0.00	$1,333.67	$0.00
Taxes / mo	$747.83	$747.83	$747.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$188.01	$188.01	$87.30
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,172.07	$3,505.74	$4,024.04
Cash to close	$255,004	$48,500	$48,500