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	$292,045	$292,045	$495,000
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$202,955	$0
Funding fee	$0	$0	$0
Note rate	2.800%	2.800%	7.400%
Blended rate	3.650%	5.331%	7.640%
1st payment	$1,387.04	$1,387.04	$3,427.28
2nd payment	$0.00	$1,310.75	$0.00
Taxes / mo	$631.08	$631.08	$631.08
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$239.11	$239.11	$99.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,423.89	$3,734.65	$4,324.03
Cash to close	$257,955	$55,000	$55,000