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	$331,818	$331,818	$387,000
Remaining term (yrs)	29.6	29.6	30.0
Secondary amount	$0	$55,182	$0
Funding fee	$0	$0	$0
Note rate	6.520%	6.520%	7.400%
Blended rate	7.070%	7.345%	7.640%
1st payment	$2,107.41	$2,107.41	$2,679.51
2nd payment	$0.00	$413.86	$0.00
Taxes / mo	$488.48	$488.48	$488.48
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$152.50	$152.50	$77.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,898.39	$3,312.25	$3,395.39
Cash to close	$98,182	$43,000	$43,000