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	$269,445	$269,445	$355,500
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$86,055	$0
Funding fee	$0	$0	$0
Note rate	2.900%	2.900%	7.400%
Blended rate	3.750%	5.021%	7.640%
1st payment	$1,293.50	$1,293.50	$2,461.41
2nd payment	$0.00	$645.41	$0.00
Taxes / mo	$591.67	$591.67	$591.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$220.13	$220.13	$71.10
HOA / mo	$8.75	$8.75	$8.75
Total monthly	$2,264.04	$2,909.45	$3,282.93
Cash to close	$125,555	$39,500	$39,500