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	$60,360	$60,360	$522,000
Remaining term (yrs)	28.7	28.7	30.0
Secondary amount	$0	$461,640	$0
Funding fee	$0	$0	$0
Note rate	6.830%	6.830%	7.400%
Blended rate	7.380%	7.707%	7.640%
1st payment	$399.63	$399.63	$3,614.22
2nd payment	$0.00	$2,981.42	$0.00
Taxes / mo	$483.33	$483.33	$483.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$28.01	$28.01	$104.40
HOA / mo	$160.00	$160.00	$160.00
Total monthly	$1,237.64	$4,219.07	$4,528.62
Cash to close	$519,640	$58,000	$58,000