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	$594,562	$594,562	$823,499
Remaining term (yrs)	27.5	27.5	30.0
Secondary amount	$0	$228,937	$0
Funding fee	$0	$0	$0
Note rate	6.940%	6.940%	7.400%
Blended rate	7.490%	7.562%	7.640%
1st payment	$4,037.10	$4,037.10	$5,701.74
2nd payment	$0.00	$1,478.55	$0.00
Taxes / mo	$762.50	$762.50	$762.50
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$279.81	$279.81	$164.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$5,296.08	$6,774.63	$6,845.61
Cash to close	$320,437	$91,500	$91,500