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	$409,972	$409,972	$481,500
Remaining term (yrs)	28.2	28.2	30.0
Secondary amount	$0	$71,528	$0
Funding fee	$0	$0	$0
Note rate	6.930%	6.930%	7.400%
Blended rate	7.480%	7.706%	7.640%
1st payment	$2,756.73	$2,756.73	$3,333.81
2nd payment	$0.00	$536.46	$0.00
Taxes / mo	$445.83	$445.83	$445.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$191.26	$191.26	$96.30
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,560.49	$4,096.96	$4,042.61
Cash to close	$125,028	$53,500	$53,500