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	$277,514	$277,514	$310,500
Remaining term (yrs)	27.3	27.3	30.0
Secondary amount	$0	$32,986	$0
Funding fee	$0	$0	$0
Note rate	6.820%	6.820%	7.400%
Blended rate	7.370%	7.543%	7.640%
1st payment	$1,866.45	$1,866.45	$2,149.84
2nd payment	$0.00	$247.39	$0.00
Taxes / mo	$120.25	$120.25	$120.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$130.95	$130.95	$62.10
HOA / mo	$84.00	$84.00	$84.00
Total monthly	$2,351.65	$2,599.05	$2,566.19
Cash to close	$67,486	$34,500	$34,500