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	$246,607	$246,607	$264,600
Remaining term (yrs)	25.9	25.9	30.0
Secondary amount	$0	$32,693	$0
Funding fee	$0	$0	$0
Note rate	5.520%	5.520%	7.400%
Blended rate	6.370%	7.014%	7.640%
1st payment	$1,490.37	$1,490.37	$1,832.04
2nd payment	$0.00	$323.52	$0.00
Taxes / mo	$319.37	$319.37	$319.37
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$185.52	$185.52	$52.92
HOA / mo	$295.00	$295.00	$295.00
Total monthly	$2,440.26	$2,763.78	$2,649.33
Cash to close	$47,393	$14,700	$29,400