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	$297,498	$297,498	$314,910
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$34,907	$0
Funding fee	$0	$0	$0
Note rate	6.640%	6.640%	7.400%
Blended rate	7.190%	7.682%	7.640%
1st payment	$1,936.28	$1,936.28	$2,180.37
2nd payment	$0.00	$345.43	$0.00
Taxes / mo	$17.03	$17.03	$17.03
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$138.38	$138.38	$62.98
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,241.70	$2,587.13	$2,410.39
Cash to close	$52,402	$17,495	$34,990