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	$292,934	$292,934	$445,410
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$152,476	$0
Funding fee	$0	$0	$0
Note rate	2.940%	2.940%	7.400%
Blended rate	3.790%	5.231%	7.640%
1st payment	$1,412.29	$1,412.29	$3,083.93
2nd payment	$0.00	$1,016.51	$0.00
Taxes / mo	$393.33	$393.33	$393.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$239.11	$239.11	$89.08
HOA / mo	$42.00	$42.00	$42.00
Total monthly	$2,253.40	$3,269.90	$3,775.01
Cash to close	$201,966	$49,490	$49,490