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	$296,235	$296,235	$485,910
Remaining term (yrs)	24.4	24.4	30.0
Secondary amount	$0	$189,675	$0
Funding fee	$0	$0	$0
Note rate	2.730%	2.730%	7.400%
Blended rate	3.580%	5.305%	7.640%
1st payment	$1,382.96	$1,382.96	$3,364.34
2nd payment	$0.00	$1,264.50	$0.00
Taxes / mo	$560.00	$560.00	$560.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$240.58	$240.58	$97.18
HOA / mo	$104.00	$104.00	$104.00
Total monthly	$2,454.20	$3,718.71	$4,292.19
Cash to close	$243,665	$53,990	$53,990