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	$412,515	$412,515	$423,000
Remaining term (yrs)	28.0	28.0	30.0
Secondary amount	$0	$33,985	$0
Funding fee	$0	$0	$0
Note rate	6.320%	6.320%	7.400%
Blended rate	6.870%	7.251%	7.640%
1st payment	$2,618.51	$2,618.51	$2,928.77
2nd payment	$0.00	$336.31	$0.00
Taxes / mo	$65.25	$65.25	$65.25
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$193.49	$193.49	$84.60
HOA / mo	$32.00	$32.00	$32.00
Total monthly	$3,075.91	$3,412.21	$3,277.28
Cash to close	$57,485	$23,500	$47,000