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	$325,981	$325,981	$436,500
Remaining term (yrs)	24.7	24.7	30.0
Secondary amount	$0	$110,519	$0
Funding fee	$0	$0	$0
Note rate	2.960%	2.960%	7.400%
Blended rate	3.810%	4.871%	7.640%
1st payment	$1,546.05	$1,546.05	$3,022.24
2nd payment	$0.00	$736.79	$0.00
Taxes / mo	$395.33	$395.33	$395.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$261.08	$261.08	$87.30
HOA / mo	$59.00	$59.00	$59.00
Total monthly	$2,428.13	$3,164.92	$3,730.54
Cash to close	$159,019	$48,500	$48,500