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	$246,403	$246,403	$540,000
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$293,597	$0
Funding fee	$0	$0	$0
Note rate	2.810%	2.810%	7.400%
Blended rate	3.660%	5.884%	7.640%
1st payment	$1,171.52	$1,171.52	$3,738.85
2nd payment	$0.00	$1,896.15	$0.00
Taxes / mo	$674.28	$674.28	$674.28
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$201.70	$201.70	$108.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,214.17	$4,110.31	$4,687.80
Cash to close	$353,597	$60,000	$60,000