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	$270,410	$270,410	$350,910
Remaining term (yrs)	24.5	24.5	30.0
Secondary amount	$0	$80,500	$0
Funding fee	$0	$0	$0
Note rate	2.730%	2.730%	7.400%
Blended rate	3.580%	4.823%	7.640%
1st payment	$1,259.39	$1,259.39	$2,429.63
2nd payment	$0.00	$603.75	$0.00
Taxes / mo	$441.83	$441.83	$441.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$219.08	$219.08	$70.18
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,070.31	$2,674.05	$3,091.65
Cash to close	$119,490	$38,990	$38,990