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	$22,719	$22,719	$283,410
Remaining term (yrs)	23.5	23.5	30.0
Secondary amount	$0	$260,691	$0
Funding fee	$0	$0	$0
Note rate	2.880%	2.880%	7.400%
Blended rate	3.730%	7.428%	7.640%
1st payment	$110.70	$110.70	$1,962.27
2nd payment	$0.00	$1,683.63	$0.00
Taxes / mo	$347.50	$347.50	$347.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$18.07	$18.07	$56.68
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$626.27	$2,309.90	$2,516.46
Cash to close	$292,181	$31,490	$31,490