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	$320,683	$320,683	$476,910
Remaining term (yrs)	24.7	24.7	30.0
Secondary amount	$0	$156,227	$0
Funding fee	$0	$0	$0
Note rate	2.960%	2.960%	7.400%
Blended rate	3.810%	5.183%	7.640%
1st payment	$1,520.92	$1,520.92	$3,302.03
2nd payment	$0.00	$1,041.52	$0.00
Taxes / mo	$620.28	$620.28	$620.28
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$256.84	$256.84	$95.38
HOA / mo	$106.00	$106.00	$106.00
Total monthly	$2,670.71	$3,712.22	$4,290.36
Cash to close	$209,217	$52,990	$52,990