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	$270,482	$270,482	$310,410
Remaining term (yrs)	27.7	27.7	30.0
Secondary amount	$0	$39,928	$0
Funding fee	$0	$0	$0
Note rate	7.060%	7.060%	7.400%
Blended rate	7.610%	7.789%	7.640%
1st payment	$1,852.46	$1,852.46	$2,149.22
2nd payment	$0.00	$299.46	$0.00
Taxes / mo	$315.50	$315.50	$315.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$126.85	$126.85	$62.08
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,444.81	$2,744.27	$2,676.80
Cash to close	$74,418	$34,490	$34,490