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	$288,260	$288,260	$364,500
Remaining term (yrs)	24.9	24.9	30.0
Secondary amount	$0	$76,240	$0
Funding fee	$0	$0	$0
Note rate	2.870%	2.870%	7.400%
Blended rate	3.720%	4.824%	7.640%
1st payment	$1,347.55	$1,347.55	$2,523.72
2nd payment	$0.00	$571.80	$0.00
Taxes / mo	$105.08	$105.08	$105.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$230.21	$230.21	$72.90
HOA / mo	$15.00	$15.00	$15.00
Total monthly	$1,847.84	$2,419.65	$2,866.71
Cash to close	$116,740	$40,500	$40,500