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	$332,896	$332,896	$378,000
Remaining term (yrs)	27.0	27.0	30.0
Secondary amount	$0	$45,104	$0
Funding fee	$0	$0	$0
Note rate	7.070%	7.070%	7.400%
Blended rate	7.620%	7.785%	7.640%
1st payment	$2,302.56	$2,302.56	$2,617.20
2nd payment	$0.00	$338.28	$0.00
Taxes / mo	$350.00	$350.00	$350.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$157.51	$157.51	$75.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,960.07	$3,298.35	$3,192.80
Cash to close	$87,104	$42,000	$42,000