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	$385,430	$385,430	$391,500
Remaining term (yrs)	25.6	25.6	30.0
Secondary amount	$0	$27,820	$0
Funding fee	$0	$0	$0
Note rate	5.250%	5.250%	7.400%
Blended rate	6.100%	6.489%	7.640%
1st payment	$2,277.24	$2,277.24	$2,710.67
2nd payment	$0.00	$275.30	$0.00
Taxes / mo	$153.75	$153.75	$153.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$292.11	$292.11	$78.30
HOA / mo	$36.67	$36.67	$36.67
Total monthly	$2,909.77	$3,185.08	$3,129.39
Cash to close	$49,570	$21,750	$43,500