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	$371,812	$371,812	$387,000
Remaining term (yrs)	29.5	29.5	30.0
Secondary amount	$0	$36,688	$0
Funding fee	$0	$0	$0
Note rate	6.460%	6.460%	7.400%
Blended rate	7.010%	7.447%	7.640%
1st payment	$2,351.16	$2,351.16	$2,679.51
2nd payment	$0.00	$363.06	$0.00
Taxes / mo	$2.75	$2.75	$2.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$171.20	$171.20	$77.40
HOA / mo	$27.00	$27.00	$27.00
Total monthly	$2,702.11	$3,065.17	$2,936.66
Cash to close	$58,188	$21,500	$43,000