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	$431,066	$431,066	$504,000
Remaining term (yrs)	28.1	28.1	30.0
Secondary amount	$0	$72,934	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.332%	7.640%
1st payment	$2,780.37	$2,780.37	$3,489.59
2nd payment	$0.00	$547.01	$0.00
Taxes / mo	$472.41	$472.41	$472.41
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$201.61	$201.61	$100.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,621.06	$4,168.07	$4,229.47
Cash to close	$128,934	$56,000	$56,000