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	$397,914	$397,914	$422,910
Remaining term (yrs)	27.8	27.8	30.0
Secondary amount	$0	$48,491	$0
Funding fee	$0	$0	$0
Note rate	6.920%	6.920%	7.400%
Blended rate	7.470%	7.948%	7.640%
1st payment	$2,685.95	$2,685.95	$2,928.14
2nd payment	$0.00	$479.86	$0.00
Taxes / mo	$580.25	$580.25	$580.25
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$186.54	$186.54	$84.58
HOA / mo	$121.00	$121.00	$121.00
Total monthly	$3,740.41	$4,220.27	$3,880.64
Cash to close	$71,986	$23,495	$46,990