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	$362,959	$362,959	$405,000
Remaining term (yrs)	31.5	31.5	30.0
Secondary amount	$0	$42,041	$0
Funding fee	$0	$0	$0
Note rate	6.600%	6.600%	7.400%
Blended rate	7.150%	7.342%	7.640%
1st payment	$2,279.88	$2,279.88	$2,804.14
2nd payment	$0.00	$315.31	$0.00
Taxes / mo	$225.58	$225.58	$225.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$171.01	$171.01	$81.00
HOA / mo	$26.00	$26.00	$26.00
Total monthly	$2,852.48	$3,167.79	$3,286.72
Cash to close	$87,041	$45,000	$45,000