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	$287,651	$287,651	$414,000
Remaining term (yrs)	25.4	25.4	30.0
Secondary amount	$0	$126,349	$0
Funding fee	$0	$0	$0
Note rate	2.870%	2.870%	7.400%
Blended rate	3.720%	5.026%	7.640%
1st payment	$1,326.68	$1,326.68	$2,866.45
2nd payment	$0.00	$842.33	$0.00
Taxes / mo	$314.00	$314.00	$314.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$226.65	$226.65	$82.80
HOA / mo	$43.00	$43.00	$43.00
Total monthly	$2,076.99	$2,919.32	$3,472.92
Cash to close	$172,349	$46,000	$46,000