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	$30,159	$30,159	$387,000
Remaining term (yrs)	28.4	28.4	30.0
Secondary amount	$0	$356,841	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.695%	7.640%
1st payment	$193.93	$193.93	$2,679.51
2nd payment	$0.00	$2,304.60	$0.00
Taxes / mo	$522.75	$522.75	$522.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$14.06	$14.06	$77.40
HOA / mo	$9.08	$9.08	$9.08
Total monthly	$889.82	$3,194.42	$3,438.74
Cash to close	$399,841	$43,000	$43,000