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	$265,234	$265,234	$438,300
Remaining term (yrs)	24.4	24.4	30.0
Secondary amount	$0	$173,066	$0
Funding fee	$0	$0	$0
Note rate	2.790%	2.790%	7.400%
Blended rate	3.640%	5.362%	7.640%
1st payment	$1,246.35	$1,246.35	$3,034.70
2nd payment	$0.00	$1,153.78	$0.00
Taxes / mo	$405.83	$405.83	$405.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$215.14	$215.14	$87.66
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,033.99	$3,187.76	$3,694.86
Cash to close	$221,766	$48,700	$48,700