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	$62,427	$62,427	$417,600
Remaining term (yrs)	29.4	29.4	30.0
Secondary amount	$0	$355,173	$0
Funding fee	$0	$0	$0
Note rate	6.100%	6.100%	7.400%
Blended rate	6.650%	7.586%	7.640%
1st payment	$380.56	$380.56	$2,891.38
2nd payment	$0.00	$2,293.82	$0.00
Taxes / mo	$383.42	$383.42	$383.42
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$28.78	$28.78	$83.52
HOA / mo	$1.25	$1.25	$1.25
Total monthly	$960.68	$3,254.51	$3,526.23
Cash to close	$401,573	$46,400	$46,400