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	$355,114	$355,114	$377,100
Remaining term (yrs)	26.8	26.8	30.0
Secondary amount	$0	$42,936	$0
Funding fee	$0	$0	$0
Note rate	6.710%	6.710%	7.400%
Blended rate	7.260%	7.758%	7.640%
1st payment	$2,378.40	$2,378.40	$2,610.96
2nd payment	$0.00	$424.89	$0.00
Taxes / mo	$151.58	$151.58	$151.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$168.76	$168.76	$75.42
HOA / mo	$51.00	$51.00	$51.00
Total monthly	$2,899.75	$3,324.64	$3,038.97
Cash to close	$63,886	$20,950	$41,900