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	$304,410	$304,410	$449,820
Remaining term (yrs)	24.9	24.9	30.0
Secondary amount	$0	$145,410	$0
Funding fee	$0	$0	$0
Note rate	2.800%	2.800%	7.400%
Blended rate	3.650%	5.056%	7.640%
1st payment	$1,412.08	$1,412.08	$3,114.46
2nd payment	$0.00	$969.40	$0.00
Taxes / mo	$489.42	$489.42	$489.42
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$243.43	$243.43	$89.96
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,311.59	$3,280.99	$3,860.51
Cash to close	$195,390	$49,980	$49,980