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	$360,662	$360,662	$378,000
Remaining term (yrs)	28.4	28.4	30.0
Secondary amount	$0	$38,338	$0
Funding fee	$0	$0	$0
Note rate	7.040%	7.040%	7.400%
Blended rate	7.590%	8.002%	7.640%
1st payment	$2,446.85	$2,446.85	$2,617.20
2nd payment	$0.00	$379.39	$0.00
Taxes / mo	$355.83	$355.83	$355.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$167.89	$167.89	$75.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,120.57	$3,499.96	$3,198.63
Cash to close	$59,338	$21,000	$42,000