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	$0	$0	$283,500
Remaining term (yrs)	0.0	0.0	30.0
Secondary amount	$0	$283,500	$0
Funding fee	$0	$0	$0
Note rate	5.500%	5.500%	7.400%
Blended rate	6.350%	7.750%	7.640%
1st payment	$474.33	$474.33	$1,962.90
2nd payment	$0.00	$1,830.94	$0.00
Taxes / mo	$262.50	$262.50	$262.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$41.12	$41.12	$56.70
HOA / mo	$575.00	$575.00	$575.00
Total monthly	$1,502.94	$3,333.88	$3,007.10
Cash to close	$315,000	$31,500	$31,500