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	$505,079	$505,079	$647,100
Remaining term (yrs)	28.4	28.4	30.0
Secondary amount	$0	$142,021	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.258%	7.640%
1st payment	$3,247.80	$3,247.80	$4,480.39
2nd payment	$0.00	$946.80	$0.00
Taxes / mo	$354.08	$354.08	$354.08
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$235.51	$235.51	$129.42
HOA / mo	$47.00	$47.00	$47.00
Total monthly	$4,101.06	$5,047.86	$5,227.56
Cash to close	$213,921	$71,900	$71,900