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	$295,564	$295,564	$378,000
Remaining term (yrs)	24.0	24.0	30.0
Secondary amount	$0	$82,436	$0
Funding fee	$0	$0	$0
Note rate	2.940%	2.940%	7.400%
Blended rate	3.790%	4.926%	7.640%
1st payment	$1,428.35	$1,428.35	$2,617.20
2nd payment	$0.00	$618.27	$0.00
Taxes / mo	$397.42	$397.42	$397.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$241.83	$241.83	$75.60
HOA / mo	$72.00	$72.00	$72.00
Total monthly	$2,289.60	$2,907.87	$3,312.21
Cash to close	$124,436	$42,000	$42,000