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	$252,996	$252,996	$670,500
Remaining term (yrs)	24.7	24.7	30.0
Secondary amount	$0	$417,504	$0
Funding fee	$0	$0	$0
Note rate	2.960%	2.960%	7.400%
Blended rate	3.810%	6.263%	7.640%
1st payment	$1,199.89	$1,199.89	$4,642.41
2nd payment	$0.00	$2,696.38	$0.00
Taxes / mo	$675.43	$675.43	$675.43
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$202.63	$202.63	$134.10
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,294.62	$4,991.00	$5,668.60
Cash to close	$492,004	$74,500	$74,500