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	$480,603	$480,603	$486,000
Remaining term (yrs)	28.0	28.0	30.0
Secondary amount	$0	$32,397	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.355%	7.640%
1st payment	$3,103.09	$3,103.09	$3,364.97
2nd payment	$0.00	$320.59	$0.00
Taxes / mo	$566.74	$566.74	$566.74
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$225.02	$225.02	$97.20
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$4,061.52	$4,382.11	$4,195.57
Cash to close	$59,397	$27,000	$54,000