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	$313,572	$313,572	$459,000
Remaining term (yrs)	24.8	24.8	30.0
Secondary amount	$0	$145,428	$0
Funding fee	$0	$0	$0
Note rate	2.990%	2.990%	7.400%
Blended rate	3.840%	5.158%	7.640%
1st payment	$1,488.70	$1,488.70	$3,178.02
2nd payment	$0.00	$969.52	$0.00
Taxes / mo	$306.00	$306.00	$306.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$250.44	$250.44	$91.80
HOA / mo	$54.67	$54.67	$54.67
Total monthly	$2,266.48	$3,236.00	$3,797.16
Cash to close	$196,428	$51,000	$51,000