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	$71,562	$71,562	$346,410
Remaining term (yrs)	28.3	28.3	30.0
Secondary amount	$0	$274,848	$0
Funding fee	$0	$0	$0
Note rate	6.720%	6.720%	7.400%
Blended rate	7.270%	7.651%	7.640%
1st payment	$470.88	$470.88	$2,398.47
2nd payment	$0.00	$1,775.06	$0.00
Taxes / mo	$406.35	$406.35	$406.35
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$33.38	$33.38	$69.28
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,060.61	$2,835.67	$3,024.11
Cash to close	$313,338	$38,490	$38,490