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	$247,500	$247,500	$324,000
Remaining term (yrs)	24.3	24.3	30.0
Secondary amount	$0	$76,500	$0
Funding fee	$0	$0	$0
Note rate	2.680%	2.680%	7.400%
Blended rate	3.530%	4.822%	7.640%
1st payment	$1,151.92	$1,151.92	$2,243.31
2nd payment	$0.00	$573.75	$0.00
Taxes / mo	$397.50	$397.50	$397.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$201.70	$201.70	$64.80
HOA / mo	$531.00	$531.00	$531.00
Total monthly	$2,432.12	$3,005.87	$3,386.61
Cash to close	$112,500	$36,000	$36,000