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	$7,015	$7,015	$328,410
Remaining term (yrs)	20.0	20.0	30.0
Secondary amount	$0	$321,395	$0
Funding fee	$0	$0	$0
Note rate	2.880%	2.880%	7.400%
Blended rate	3.730%	7.664%	7.640%
1st payment	$38.37	$38.37	$2,273.84
2nd payment	$0.00	$2,075.68	$0.00
Taxes / mo	$250.42	$250.42	$250.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$5.96	$5.96	$65.68
HOA / mo	$298.00	$298.00	$298.00
Total monthly	$742.75	$2,818.42	$3,037.94
Cash to close	$357,885	$36,490	$36,490