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	$278,229	$278,229	$494,999
Remaining term (yrs)	27.7	27.7	30.0
Secondary amount	$0	$216,770	$0
Funding fee	$0	$0	$0
Note rate	6.890%	6.890%	7.400%
Blended rate	7.440%	7.576%	7.640%
1st payment	$1,874.45	$1,874.45	$3,427.27
2nd payment	$0.00	$1,399.98	$0.00
Taxes / mo	$458.33	$458.33	$458.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$130.58	$130.58	$99.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,630.02	$4,030.00	$4,151.27
Cash to close	$271,770	$55,000	$55,000