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	$292,452	$292,452	$540,000
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$247,548	$0
Funding fee	$0	$0	$0
Note rate	2.940%	2.940%	7.400%
Blended rate	3.790%	5.605%	7.640%
1st payment	$1,413.31	$1,413.31	$3,738.85
2nd payment	$0.00	$1,598.75	$0.00
Taxes / mo	$271.00	$271.00	$271.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$239.28	$239.28	$108.00
HOA / mo	$65.00	$65.00	$65.00
Total monthly	$2,155.26	$3,754.01	$4,349.52
Cash to close	$307,548	$60,000	$60,000