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	$311,126	$311,126	$360,000
Remaining term (yrs)	26.2	26.2	30.0
Secondary amount	$0	$48,874	$0
Funding fee	$0	$0	$0
Note rate	6.580%	6.580%	7.400%
Blended rate	7.430%	7.643%	7.640%
1st payment	$2,074.52	$2,074.52	$2,492.57
2nd payment	$0.00	$366.56	$0.00
Taxes / mo	$674.00	$674.00	$674.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$230.56	$230.56	$72.00
HOA / mo	$8.92	$8.92	$8.92
Total monthly	$3,138.00	$3,504.56	$3,397.49
Cash to close	$88,874	$40,000	$40,000