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	$226,416	$226,416	$402,750
Remaining term (yrs)	24.3	24.3	30.0
Secondary amount	$0	$176,334	$0
Funding fee	$0	$0	$0
Note rate	2.660%	2.660%	7.400%
Blended rate	3.510%	5.476%	7.640%
1st payment	$1,051.50	$1,051.50	$2,788.56
2nd payment	$0.00	$1,175.56	$0.00
Taxes / mo	$390.17	$390.17	$390.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$184.59	$184.59	$80.55
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,776.26	$2,951.82	$3,409.28
Cash to close	$221,084	$44,750	$44,750