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	$260,618	$260,618	$580,500
Remaining term (yrs)	24.1	24.1	30.0
Secondary amount	$0	$319,882	$0
Funding fee	$0	$0	$0
Note rate	2.880%	2.880%	7.400%
Blended rate	3.730%	5.945%	7.640%
1st payment	$1,245.48	$1,245.48	$4,019.26
2nd payment	$0.00	$2,065.90	$0.00
Taxes / mo	$537.50	$537.50	$537.50
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$212.50	$212.50	$116.10
HOA / mo	$610.00	$610.00	$610.00
Total monthly	$2,772.15	$4,838.05	$5,449.53
Cash to close	$384,382	$64,500	$64,500