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	$250,008	$250,008	$440,910
Remaining term (yrs)	24.3	24.3	30.0
Secondary amount	$0	$190,902	$0
Funding fee	$0	$0	$0
Note rate	2.670%	2.670%	7.400%
Blended rate	3.520%	5.460%	7.640%
1st payment	$1,162.33	$1,162.33	$3,052.77
2nd payment	$0.00	$1,272.68	$0.00
Taxes / mo	$463.00	$463.00	$463.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$203.78	$203.78	$88.18
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,995.78	$3,268.46	$3,770.62
Cash to close	$239,892	$48,990	$48,990