Travis Delly | UMe IDX

Travis Delly

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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	$284,362	$284,362	$296,100
Remaining term (yrs)	23.2	23.2	30.0
Secondary amount	$0	$28,188	$0
Funding fee	$0	$0	$0
Note rate	6.960%	6.960%	7.400%
Blended rate	7.510%	7.904%	7.640%
1st payment	$2,056.58	$2,056.58	$2,050.14
2nd payment	$0.00	$278.94	$0.00
Taxes / mo	$501.50	$501.50	$501.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$133.85	$133.85	$59.22
HOA / mo	$118.00	$118.00	$118.00
Total monthly	$2,959.92	$3,238.87	$2,878.86
Cash to close	$44,638	$16,450	$32,900