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	$363,441	$363,441	$472,500
Remaining term (yrs)	24.4	24.4	30.0
Secondary amount	$0	$109,059	$0
Funding fee	$0	$0	$0
Note rate	2.740%	2.740%	7.400%
Blended rate	3.590%	4.608%	7.640%
1st payment	$1,698.56	$1,698.56	$3,271.49
2nd payment	$0.00	$727.06	$0.00
Taxes / mo	$424.33	$424.33	$424.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$295.10	$295.10	$94.50
HOA / mo	$25.00	$25.00	$25.00
Total monthly	$2,609.66	$3,336.72	$3,981.99
Cash to close	$161,559	$52,500	$52,500