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	$287,149	$287,149	$296,100
Remaining term (yrs)	27.7	27.7	30.0
Secondary amount	$0	$25,401	$0
Funding fee	$0	$0	$0
Note rate	6.860%	6.860%	7.400%
Blended rate	7.410%	7.773%	7.640%
1st payment	$1,928.91	$1,928.91	$2,050.14
2nd payment	$0.00	$251.36	$0.00
Taxes / mo	$77.08	$77.08	$77.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$134.78	$134.78	$59.22
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,290.78	$2,542.14	$2,336.44
Cash to close	$41,851	$16,450	$32,900