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	$314,448	$314,448	$494,099
Remaining term (yrs)	24.3	24.3	30.0
Secondary amount	$0	$179,651	$0
Funding fee	$0	$0	$0
Note rate	2.660%	2.660%	7.400%
Blended rate	3.510%	5.143%	7.640%
1st payment	$1,460.33	$1,460.33	$3,421.04
2nd payment	$0.00	$1,197.67	$0.00
Taxes / mo	$352.50	$352.50	$352.50
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$256.36	$256.36	$98.82
HOA / mo	$105.00	$105.00	$105.00
Total monthly	$2,340.86	$3,538.53	$4,144.03
Cash to close	$234,551	$54,900	$54,900