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	$265,644	$265,644	$288,000
Remaining term (yrs)	24.9	24.9	30.0
Secondary amount	$0	$38,356	$0
Funding fee	$0	$0	$0
Note rate	2.880%	2.880%	7.400%
Blended rate	3.730%	4.758%	7.640%
1st payment	$1,243.20	$1,243.20	$1,994.05
2nd payment	$0.00	$379.57	$0.00
Taxes / mo	$566.83	$566.83	$566.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$212.11	$212.11	$57.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,172.14	$2,551.71	$2,768.49
Cash to close	$54,356	$16,000	$32,000