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	$278,891	$278,891	$427,500
Remaining term (yrs)	21.3	21.3	30.0
Secondary amount	$0	$148,609	$0
Funding fee	$0	$0	$0
Note rate	2.660%	2.660%	7.400%
Blended rate	3.510%	5.071%	7.640%
1st payment	$1,424.65	$1,424.65	$2,959.92
2nd payment	$0.00	$990.73	$0.00
Taxes / mo	$373.17	$373.17	$373.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$233.08	$233.08	$85.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,197.56	$3,188.28	$3,585.26
Cash to close	$196,109	$47,500	$47,500