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	$318,832	$318,832	$364,500
Remaining term (yrs)	29.2	29.2	30.0
Secondary amount	$0	$45,668	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.294%	7.640%
1st payment	$2,030.20	$2,030.20	$2,523.72
2nd payment	$0.00	$342.51	$0.00
Taxes / mo	$337.50	$337.50	$337.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$147.22	$147.22	$72.90
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,664.91	$3,007.43	$3,084.12
Cash to close	$86,168	$40,500	$40,500