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	$401,614	$401,614	$459,000
Remaining term (yrs)	28.6	28.6	30.0
Secondary amount	$0	$57,386	$0
Funding fee	$0	$0	$0
Note rate	6.830%	6.830%	7.400%
Blended rate	7.380%	7.583%	7.640%
1st payment	$2,661.47	$2,661.47	$3,178.02
2nd payment	$0.00	$430.39	$0.00
Taxes / mo	$284.17	$284.17	$284.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$186.54	$186.54	$91.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,298.85	$3,729.24	$3,720.66
Cash to close	$108,386	$51,000	$51,000