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	$300,990	$300,990	$418,500
Remaining term (yrs)	24.2	24.2	30.0
Secondary amount	$0	$117,510	$0
Funding fee	$0	$0	$0
Note rate	2.770%	2.770%	7.400%
Blended rate	3.620%	4.850%	7.640%
1st payment	$1,418.06	$1,418.06	$2,897.61
2nd payment	$0.00	$783.40	$0.00
Taxes / mo	$273.33	$273.33	$273.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$245.41	$245.41	$83.70
HOA / mo	$50.00	$50.00	$50.00
Total monthly	$2,153.46	$2,936.87	$3,471.31
Cash to close	$164,010	$46,500	$46,500