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	$315,037	$315,037	$337,500
Remaining term (yrs)	25.6	25.6	30.0
Secondary amount	$0	$41,213	$0
Funding fee	$0	$0	$0
Note rate	5.100%	5.100%	7.400%
Blended rate	5.950%	6.635%	7.640%
1st payment	$1,833.35	$1,833.35	$2,336.78
2nd payment	$0.00	$407.84	$0.00
Taxes / mo	$217.67	$217.67	$217.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$239.18	$239.18	$67.50
HOA / mo	$179.00	$179.00	$179.00
Total monthly	$2,619.20	$3,027.04	$2,950.95
Cash to close	$59,963	$18,750	$37,500