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	$13,330	$13,330	$360,000
Remaining term (yrs)	37.7	37.7	30.0
Secondary amount	$0	$346,670	$0
Funding fee	$0	$0	$0
Note rate	7.220%	7.220%	7.400%
Blended rate	7.770%	7.751%	7.640%
1st payment	$85.84	$85.84	$2,492.57
2nd payment	$0.00	$2,238.91	$0.00
Taxes / mo	$166.33	$166.33	$166.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$6.17	$6.17	$72.00
HOA / mo	$75.00	$75.00	$75.00
Total monthly	$483.34	$2,722.25	$2,955.90
Cash to close	$386,670	$40,000	$40,000