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	$314,845	$314,845	$323,100
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$26,205	$0
Funding fee	$0	$0	$0
Note rate	6.650%	6.650%	7.400%
Blended rate	7.200%	7.559%	7.640%
1st payment	$2,051.24	$2,051.24	$2,237.08
2nd payment	$0.00	$259.32	$0.00
Taxes / mo	$596.75	$596.75	$596.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$146.45	$146.45	$64.62
HOA / mo	$100.00	$100.00	$100.00
Total monthly	$3,044.44	$3,303.76	$3,148.45
Cash to close	$44,155	$17,950	$35,900