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	$314,412	$314,412	$476,100
Remaining term (yrs)	24.4	24.4	30.0
Secondary amount	$0	$161,688	$0
Funding fee	$0	$0	$0
Note rate	2.650%	2.650%	7.400%
Blended rate	3.500%	5.028%	7.640%
1st payment	$1,455.04	$1,455.04	$3,296.42
2nd payment	$0.00	$1,077.92	$0.00
Taxes / mo	$770.83	$770.83	$770.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$255.77	$255.77	$95.22
HOA / mo	$207.33	$207.33	$207.33
Total monthly	$2,855.64	$3,933.55	$4,536.47
Cash to close	$214,588	$52,900	$52,900