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	$281,722	$281,722	$296,100
Remaining term (yrs)	25.8	25.8	30.0
Secondary amount	$0	$30,828	$0
Funding fee	$0	$0	$0
Note rate	5.520%	5.520%	7.400%
Blended rate	6.370%	6.913%	7.640%
1st payment	$1,705.05	$1,705.05	$2,050.14
2nd payment	$0.00	$305.07	$0.00
Taxes / mo	$626.75	$626.75	$626.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$212.24	$212.24	$59.22
HOA / mo	$20.83	$20.83	$20.83
Total monthly	$2,714.87	$3,019.94	$2,906.94
Cash to close	$47,278	$16,450	$32,900