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	$395,991	$395,991	$508,500
Remaining term (yrs)	26.7	26.7	30.0
Secondary amount	$0	$112,509	$0
Funding fee	$0	$0	$0
Note rate	6.350%	6.350%	7.400%
Blended rate	6.900%	7.143%	7.640%
1st payment	$2,564.15	$2,564.15	$3,520.75
2nd payment	$0.00	$750.06	$0.00
Taxes / mo	$109.42	$109.42	$109.42
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$188.87	$188.87	$101.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,029.11	$3,779.17	$3,898.53
Cash to close	$169,009	$56,500	$56,500