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	$13,689	$13,689	$350,100
Remaining term (yrs)	20.0	20.0	30.0
Secondary amount	$0	$336,411	$0
Funding fee	$0	$0	$0
Note rate	2.870%	2.870%	7.400%
Blended rate	3.720%	7.592%	7.640%
1st payment	$74.57	$74.57	$2,424.02
2nd payment	$0.00	$2,172.65	$0.00
Taxes / mo	$324.17	$324.17	$324.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$11.30	$11.30	$70.02
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$560.04	$2,732.69	$2,968.21
Cash to close	$375,311	$38,900	$38,900