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	$399,794	$399,794	$472,500
Remaining term (yrs)	28.3	28.3	30.0
Secondary amount	$0	$72,706	$0
Funding fee	$0	$0	$0
Note rate	6.600%	6.600%	7.400%
Blended rate	7.150%	7.435%	7.640%
1st payment	$2,599.34	$2,599.34	$3,271.49
2nd payment	$0.00	$545.30	$0.00
Taxes / mo	$314.00	$314.00	$314.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$186.54	$186.54	$94.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,266.55	$3,811.85	$3,846.66
Cash to close	$125,206	$52,500	$52,500