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	$340,203	$340,203	$378,000
Remaining term (yrs)	26.7	26.7	30.0
Secondary amount	$0	$37,797	$0
Funding fee	$0	$0	$0
Note rate	6.570%	6.570%	7.400%
Blended rate	7.120%	7.308%	7.640%
1st payment	$2,250.53	$2,250.53	$2,617.20
2nd payment	$0.00	$283.47	$0.00
Taxes / mo	$425.91	$425.91	$425.91
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$162.01	$162.01	$75.60
HOA / mo	$12.33	$12.33	$12.33
Total monthly	$3,000.77	$3,284.25	$3,281.03
Cash to close	$79,797	$42,000	$42,000