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	$362,042	$362,042	$405,000
Remaining term (yrs)	27.5	27.5	30.0
Secondary amount	$0	$42,958	$0
Funding fee	$0	$0	$0
Note rate	6.820%	6.820%	7.400%
Blended rate	7.370%	7.543%	7.640%
1st payment	$2,427.45	$2,427.45	$2,804.14
2nd payment	$0.00	$322.18	$0.00
Taxes / mo	$121.24	$121.24	$121.24
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$170.31	$170.31	$81.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,869.00	$3,191.18	$3,156.38
Cash to close	$87,958	$45,000	$45,000