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	$504,297	$504,297	$675,000
Remaining term (yrs)	28.1	28.1	30.0
Secondary amount	$0	$170,703	$0
Funding fee	$0	$0	$0
Note rate	6.540%	6.540%	7.400%
Blended rate	7.090%	7.320%	7.640%
1st payment	$3,265.76	$3,265.76	$4,673.56
2nd payment	$0.00	$1,138.02	$0.00
Taxes / mo	$276.50	$276.50	$276.50
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$235.83	$235.83	$135.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,994.76	$5,132.78	$5,301.73
Cash to close	$245,703	$75,000	$75,000