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	$9,333	$9,333	$378,000
Remaining term (yrs)	24.6	24.6	30.0
Secondary amount	$0	$368,667	$0
Funding fee	$0	$0	$0
Note rate	6.640%	6.640%	7.400%
Blended rate	7.190%	7.736%	7.640%
1st payment	$64.09	$64.09	$2,617.20
2nd payment	$0.00	$2,380.97	$0.00
Taxes / mo	$350.00	$350.00	$350.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$4.36	$4.36	$75.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$568.45	$2,949.42	$3,192.80
Cash to close	$410,667	$42,000	$42,000