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	$545,403	$545,403	$890,100
Remaining term (yrs)	27.5	27.5	30.0
Secondary amount	$0	$344,697	$0
Funding fee	$0	$0	$0
Note rate	6.880%	6.880%	7.400%
Blended rate	7.430%	7.554%	7.640%
1st payment	$3,678.21	$3,678.21	$6,162.87
2nd payment	$0.00	$2,226.17	$0.00
Taxes / mo	$824.17	$824.17	$824.17
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$256.49	$256.49	$178.02
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$4,975.54	$7,201.70	$7,381.73
Cash to close	$443,597	$98,900	$98,900