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	$280,756	$280,756	$439,200
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$158,444	$0
Funding fee	$0	$0	$0
Note rate	2.870%	2.870%	7.400%
Blended rate	3.720%	5.264%	7.640%
1st payment	$1,343.48	$1,343.48	$3,040.93
2nd payment	$0.00	$1,056.29	$0.00
Taxes / mo	$187.67	$187.67	$187.67
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$229.52	$229.52	$87.84
HOA / mo	$74.00	$74.00	$74.00
Total monthly	$2,001.33	$3,057.62	$3,557.11
Cash to close	$207,244	$48,800	$48,800