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	$70,000	$70,000	$405,000
Remaining term (yrs)	28.4	28.4	30.0
Secondary amount	$0	$335,000	$0
Funding fee	$0	$0	$0
Note rate	0.000%	0.000%	7.400%
Blended rate	0.550%	6.506%	7.640%
1st payment	$194.44	$194.44	$2,804.14
2nd payment	$0.00	$2,163.54	$0.00
Taxes / mo	$223.33	$223.33	$223.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$32.08	$32.08	$81.00
HOA / mo	$41.67	$41.67	$41.67
Total monthly	$641.53	$2,805.07	$3,300.14
Cash to close	$380,000	$45,000	$45,000