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	$277,760	$277,760	$359,910
Remaining term (yrs)	24.5	24.5	30.0
Secondary amount	$0	$82,150	$0
Funding fee	$0	$0	$0
Note rate	2.970%	2.970%	7.400%
Blended rate	3.820%	5.002%	7.640%
1st payment	$1,327.86	$1,327.86	$2,491.94
2nd payment	$0.00	$616.12	$0.00
Taxes / mo	$298.58	$298.58	$298.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$223.95	$223.95	$71.98
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,000.40	$2,616.52	$3,012.51
Cash to close	$122,140	$39,990	$39,990