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	$374,224	$374,224	$567,000
Remaining term (yrs)	24.1	24.1	30.0
Secondary amount	$0	$192,776	$0
Funding fee	$0	$0	$0
Note rate	2.810%	2.810%	7.400%
Blended rate	3.660%	5.136%	7.640%
1st payment	$1,774.98	$1,774.98	$3,925.79
2nd payment	$0.00	$1,285.17	$0.00
Taxes / mo	$525.00	$525.00	$525.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$305.59	$305.59	$113.40
HOA / mo	$230.00	$230.00	$230.00
Total monthly	$3,002.23	$4,287.41	$4,960.86
Cash to close	$255,776	$63,000	$63,000