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	$300,853	$300,853	$314,006
Remaining term (yrs)	28.0	28.0	30.0
Secondary amount	$0	$30,597	$0
Funding fee	$0	$0	$0
Note rate	6.780%	6.780%	7.400%
Blended rate	7.330%	7.750%	7.640%
1st payment	$1,997.26	$1,997.26	$2,174.11
2nd payment	$0.00	$302.79	$0.00
Taxes / mo	$72.42	$72.42	$72.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$140.70	$140.70	$62.80
HOA / mo	$231.00	$231.00	$231.00
Total monthly	$2,591.38	$2,894.16	$2,690.33
Cash to close	$48,042	$17,445	$34,890