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	$231,396	$231,396	$279,000
Remaining term (yrs)	24.9	24.9	30.0
Secondary amount	$0	$47,604	$0
Funding fee	$0	$0	$0
Note rate	2.870%	2.870%	7.400%
Blended rate	3.720%	4.621%	7.640%
1st payment	$1,081.72	$1,081.72	$1,931.74
2nd payment	$0.00	$357.03	$0.00
Taxes / mo	$50.25	$50.25	$50.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$184.80	$184.80	$55.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,466.77	$1,823.80	$2,187.79
Cash to close	$78,604	$31,000	$31,000