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	$210,577	$210,577	$427,500
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$216,923	$0
Funding fee	$0	$0	$0
Note rate	2.890%	2.890%	7.400%
Blended rate	3.740%	5.775%	7.640%
1st payment	$1,009.81	$1,009.81	$2,959.92
2nd payment	$0.00	$1,400.96	$0.00
Taxes / mo	$300.00	$300.00	$300.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$172.07	$172.07	$85.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,648.55	$3,049.51	$3,512.09
Cash to close	$264,423	$47,500	$47,500