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	$298,356	$298,356	$323,910
Remaining term (yrs)	28.4	28.4	30.0
Secondary amount	$0	$25,554	$0
Funding fee	$0	$0	$0
Note rate	6.630%	6.630%	7.400%
Blended rate	7.180%	7.324%	7.640%
1st payment	$1,943.72	$1,943.72	$2,242.69
2nd payment	$0.00	$191.66	$0.00
Taxes / mo	$530.75	$530.75	$530.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$139.06	$139.06	$64.78
HOA / mo	$125.00	$125.00	$125.00
Total monthly	$2,888.53	$3,080.19	$3,113.22
Cash to close	$61,544	$35,990	$35,990