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	$320,588	$320,588	$481,499
Remaining term (yrs)	28.4	28.4	30.0
Secondary amount	$0	$160,911	$0
Funding fee	$0	$0	$0
Note rate	7.040%	7.040%	7.400%
Blended rate	7.590%	7.727%	7.640%
1st payment	$2,174.98	$2,174.98	$3,333.80
2nd payment	$0.00	$1,072.74	$0.00
Taxes / mo	$357.17	$357.17	$357.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$149.23	$149.23	$96.30
HOA / mo	$62.00	$62.00	$62.00
Total monthly	$2,910.05	$3,982.78	$4,015.94
Cash to close	$214,411	$53,500	$53,500