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	$307,200	$307,200	$508,500
Remaining term (yrs)	24.3	24.3	30.0
Secondary amount	$0	$201,300	$0
Funding fee	$0	$0	$0
Note rate	2.660%	2.660%	7.400%
Blended rate	3.510%	5.188%	7.640%
1st payment	$1,426.66	$1,426.66	$3,520.75
2nd payment	$0.00	$1,300.07	$0.00
Taxes / mo	$575.17	$575.17	$575.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$250.45	$250.45	$101.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,418.95	$3,719.02	$4,364.28
Cash to close	$257,800	$56,500	$56,500