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	$405,953	$405,953	$450,000
Remaining term (yrs)	26.7	26.7	30.0
Secondary amount	$0	$44,047	$0
Funding fee	$0	$0	$0
Note rate	6.430%	6.430%	7.400%
Blended rate	6.980%	7.178%	7.640%
1st payment	$2,649.25	$2,649.25	$3,115.71
2nd payment	$0.00	$330.35	$0.00
Taxes / mo	$202.58	$202.58	$202.58
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$193.51	$193.51	$90.00
HOA / mo	$29.00	$29.00	$29.00
Total monthly	$3,241.02	$3,571.37	$3,603.96
Cash to close	$94,047	$50,000	$50,000