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	$375,575	$375,575	$387,000
Remaining term (yrs)	28.3	28.3	30.0
Secondary amount	$0	$32,925	$0
Funding fee	$0	$0	$0
Note rate	6.910%	6.910%	7.400%
Blended rate	7.460%	7.816%	7.640%
1st payment	$2,518.10	$2,518.10	$2,679.51
2nd payment	$0.00	$325.82	$0.00
Taxes / mo	$553.30	$553.30	$553.30
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$175.06	$175.06	$77.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,396.46	$3,722.29	$3,460.21
Cash to close	$54,425	$21,500	$43,000