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	$178,947	$178,947	$526,500
Remaining term (yrs)	36.4	36.4	30.0
Secondary amount	$0	$347,553	$0
Funding fee	$0	$0	$0
Note rate	6.150%	6.150%	7.400%
Blended rate	6.700%	7.393%	7.640%
1st payment	$1,026.49	$1,026.49	$3,645.38
2nd payment	$0.00	$2,244.61	$0.00
Taxes / mo	$466.25	$466.25	$466.25
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$83.91	$83.91	$105.30
HOA / mo	$120.33	$120.33	$120.33
Total monthly	$1,863.64	$4,108.26	$4,503.93
Cash to close	$406,053	$58,500	$58,500