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	$305,333	$305,333	$355,499
Remaining term (yrs)	26.3	26.3	30.0
Secondary amount	$0	$50,166	$0
Funding fee	$0	$0	$0
Note rate	6.610%	6.610%	7.400%
Blended rate	7.460%	7.677%	7.640%
1st payment	$2,039.34	$2,039.34	$2,461.40
2nd payment	$0.00	$376.24	$0.00
Taxes / mo	$105.75	$105.75	$105.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$225.95	$225.95	$71.10
HOA / mo	$350.00	$350.00	$350.00
Total monthly	$2,871.04	$3,247.28	$3,138.25
Cash to close	$89,666	$39,500	$39,500