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	$340,547	$340,547	$360,000
Remaining term (yrs)	28.2	28.2	30.0
Secondary amount	$0	$39,453	$0
Funding fee	$0	$0	$0
Note rate	6.910%	6.910%	7.400%
Blended rate	7.460%	7.918%	7.640%
1st payment	$2,285.42	$2,285.42	$2,492.57
2nd payment	$0.00	$390.42	$0.00
Taxes / mo	$88.42	$88.42	$88.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$158.89	$158.89	$72.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,682.72	$3,073.14	$2,802.98
Cash to close	$59,453	$20,000	$40,000