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	$553,970	$553,970	$715,500
Remaining term (yrs)	24.1	24.1	30.0
Secondary amount	$0	$161,530	$0
Funding fee	$0	$0	$0
Note rate	2.840%	2.840%	7.400%
Blended rate	3.690%	4.663%	7.640%
1st payment	$2,636.03	$2,636.03	$4,953.98
2nd payment	$0.00	$1,076.87	$0.00
Taxes / mo	$662.50	$662.50	$662.50
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$452.08	$452.08	$143.10
HOA / mo	$391.00	$391.00	$391.00
Total monthly	$4,358.27	$5,435.14	$6,367.24
Cash to close	$241,030	$79,500	$79,500