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	$586,163	$586,163	$742,500
Remaining term (yrs)	27.5	27.5	30.0
Secondary amount	$0	$156,337	$0
Funding fee	$0	$0	$0
Note rate	6.100%	6.100%	7.400%
Blended rate	6.650%	6.934%	7.640%
1st payment	$3,659.36	$3,659.36	$5,140.92
2nd payment	$0.00	$1,042.25	$0.00
Taxes / mo	$687.50	$687.50	$687.50
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$276.77	$276.77	$148.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$4,840.30	$5,882.55	$6,193.59
Cash to close	$238,837	$82,500	$82,500