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	$295,987	$295,987	$316,800
Remaining term (yrs)	27.5	27.5	30.0
Secondary amount	$0	$38,413	$0
Funding fee	$0	$0	$0
Note rate	6.640%	6.640%	7.400%
Blended rate	7.190%	7.728%	7.640%
1st payment	$1,952.03	$1,952.03	$2,193.46
2nd payment	$0.00	$380.13	$0.00
Taxes / mo	$325.36	$325.36	$325.36
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$139.51	$139.51	$63.36
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,566.90	$2,947.02	$2,732.17
Cash to close	$56,013	$17,600	$35,200