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	$398,744	$398,744	$422,100
Remaining term (yrs)	27.5	27.5	30.0
Secondary amount	$0	$46,806	$0
Funding fee	$0	$0	$0
Note rate	6.940%	6.940%	7.400%
Blended rate	7.490%	7.951%	7.640%
1st payment	$2,704.78	$2,704.78	$2,922.54
2nd payment	$0.00	$463.18	$0.00
Taxes / mo	$718.92	$718.92	$718.92
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$187.47	$187.47	$84.42
HOA / mo	$143.00	$143.00	$143.00
Total monthly	$3,920.84	$4,384.02	$4,035.54
Cash to close	$70,256	$23,450	$46,900