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	$9,258	$9,258	$324,000
Remaining term (yrs)	20.7	20.7	30.0
Secondary amount	$0	$314,742	$0
Funding fee	$0	$0	$0
Note rate	6.390%	6.390%	7.400%
Blended rate	6.940%	7.727%	7.640%
1st payment	$67.08	$67.08	$2,243.31
2nd payment	$0.00	$2,032.71	$0.00
Taxes / mo	$187.25	$187.25	$187.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$4.52	$4.52	$64.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$408.85	$2,441.56	$2,645.36
Cash to close	$350,742	$36,000	$36,000