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	$287,863	$287,863	$300,150
Remaining term (yrs)	28.0	28.0	30.0
Secondary amount	$0	$28,962	$0
Funding fee	$0	$0	$0
Note rate	6.080%	6.080%	7.400%
Blended rate	6.630%	7.109%	7.640%
1st payment	$1,781.25	$1,781.25	$2,078.18
2nd payment	$0.00	$286.60	$0.00
Taxes / mo	$478.00	$478.00	$478.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$135.01	$135.01	$60.03
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,544.26	$2,830.86	$2,766.21
Cash to close	$45,637	$16,675	$33,350