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	$20,513	$20,513	$404,100
Remaining term (yrs)	16.5	16.5	30.0
Secondary amount	$0	$383,587	$0
Funding fee	$0	$0	$0
Note rate	2.800%	2.800%	7.400%
Blended rate	3.650%	7.542%	7.640%
1st payment	$128.47	$128.47	$2,797.91
2nd payment	$0.00	$2,477.33	$0.00
Taxes / mo	$627.19	$627.19	$627.19
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$17.32	$17.32	$80.82
HOA / mo	$39.83	$39.83	$39.83
Total monthly	$962.81	$3,440.14	$3,695.75
Cash to close	$428,487	$44,900	$44,900