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	$73,171	$73,171	$395,100
Remaining term (yrs)	12.7	12.7	30.0
Secondary amount	$0	$321,929	$0
Funding fee	$0	$0	$0
Note rate	5.500%	5.500%	7.400%
Blended rate	6.350%	7.491%	7.640%
1st payment	$663.43	$663.43	$2,735.59
2nd payment	$0.00	$2,079.13	$0.00
Taxes / mo	$280.36	$280.36	$280.36
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$82.76	$82.76	$79.02
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,176.55	$3,255.68	$3,244.97
Cash to close	$365,829	$43,900	$43,900