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	$232,472	$232,472	$432,000
Remaining term (yrs)	24.3	24.3	30.0
Secondary amount	$0	$199,528	$0
Funding fee	$0	$0	$0
Note rate	2.660%	2.660%	7.400%
Blended rate	3.510%	5.584%	7.640%
1st payment	$1,079.62	$1,079.62	$2,991.08
2nd payment	$0.00	$1,330.19	$0.00
Taxes / mo	$223.33	$223.33	$223.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$189.53	$189.53	$86.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,659.15	$2,989.34	$3,467.48
Cash to close	$247,528	$48,000	$48,000