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	$840,122	$840,122	$1,120,500
Remaining term (yrs)	26.2	26.2	30.0
Secondary amount	$0	$280,378	$0
Funding fee	$0	$0	$0
Note rate	6.200%	6.200%	7.400%
Blended rate	7.050%	7.225%	7.640%
1st payment	$5,400.35	$5,400.35	$7,758.12
2nd payment	$0.00	$1,810.77	$0.00
Taxes / mo	$1,037.50	$1,037.50	$1,037.50
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$624.56	$624.56	$224.10
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$7,279.08	$9,089.85	$9,236.38
Cash to close	$404,878	$124,500	$124,500