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	$344,804	$344,804	$364,500
Remaining term (yrs)	28.0	28.0	30.0
Secondary amount	$0	$39,946	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.551%	7.640%
1st payment	$2,226.28	$2,226.28	$2,523.72
2nd payment	$0.00	$395.30	$0.00
Taxes / mo	$341.58	$341.58	$341.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$161.44	$161.44	$72.90
HOA / mo	$496.00	$496.00	$496.00
Total monthly	$3,375.30	$3,770.60	$3,584.21
Cash to close	$60,196	$20,250	$40,500