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	$272,015	$272,015	$499,500
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$227,485	$0
Funding fee	$0	$0	$0
Note rate	2.940%	2.940%	7.400%
Blended rate	3.790%	5.593%	7.640%
1st payment	$1,314.55	$1,314.55	$3,458.44
2nd payment	$0.00	$1,469.17	$0.00
Taxes / mo	$327.00	$327.00	$327.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$222.56	$222.56	$99.90
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,030.78	$3,499.95	$4,052.00
Cash to close	$282,985	$55,500	$55,500