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	$268,385	$268,385	$360,000
Remaining term (yrs)	24.4	24.4	30.0
Secondary amount	$0	$91,615	$0
Funding fee	$0	$0	$0
Note rate	2.790%	2.790%	7.400%
Blended rate	3.640%	5.004%	7.640%
1st payment	$1,261.16	$1,261.16	$2,492.57
2nd payment	$0.00	$687.11	$0.00
Taxes / mo	$265.25	$265.25	$265.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$217.69	$217.69	$72.00
HOA / mo	$92.00	$92.00	$92.00
Total monthly	$1,986.11	$2,673.22	$3,071.82
Cash to close	$131,615	$40,000	$40,000