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	$285,680	$285,680	$508,500
Remaining term (yrs)	24.4	24.4	30.0
Secondary amount	$0	$222,820	$0
Funding fee	$0	$0	$0
Note rate	2.740%	2.740%	7.400%
Blended rate	3.590%	5.413%	7.640%
1st payment	$1,335.14	$1,335.14	$3,520.75
2nd payment	$0.00	$1,439.04	$0.00
Taxes / mo	$541.67	$541.67	$541.67
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$231.96	$231.96	$101.70
HOA / mo	$280.67	$280.67	$280.67
Total monthly	$2,556.10	$3,995.15	$4,611.45
Cash to close	$279,320	$56,500	$56,500