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	$1,206,464	$1,206,464	$2,070,000
Remaining term (yrs)	24.9	24.9	30.0
Secondary amount	$0	$863,536	$0
Funding fee	$0	$0	$0
Note rate	2.880%	2.880%	7.400%
Blended rate	3.730%	5.407%	7.640%
1st payment	$5,646.17	$5,646.17	$14,332.26
2nd payment	$0.00	$5,577.00	$0.00
Taxes / mo	$1,164.00	$1,164.00	$1,164.00
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$963.33	$963.33	$414.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$7,990.17	$13,567.18	$16,126.93
Cash to close	$1,093,536	$230,000	$230,000