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	$10,315	$10,315	$360,000
Remaining term (yrs)	23.2	23.2	30.0
Secondary amount	$0	$349,685	$0
Funding fee	$0	$0	$0
Note rate	6.320%	6.320%	7.400%
Blended rate	6.870%	7.725%	7.640%
1st payment	$70.53	$70.53	$2,492.57
2nd payment	$0.00	$2,258.38	$0.00
Taxes / mo	$180.52	$180.52	$180.52
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$4.87	$4.87	$72.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$405.92	$2,664.30	$2,895.09
Cash to close	$389,685	$40,000	$40,000