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	$449,716	$449,716	$504,000
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$54,284	$0
Funding fee	$0	$0	$0
Note rate	6.850%	6.850%	7.400%
Blended rate	7.400%	7.572%	7.640%
1st payment	$2,991.76	$2,991.76	$3,489.59
2nd payment	$0.00	$407.13	$0.00
Taxes / mo	$742.83	$742.83	$742.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$209.26	$209.26	$100.80
HOA / mo	$8.75	$8.75	$8.75
Total monthly	$4,119.28	$4,526.41	$4,508.64
Cash to close	$110,284	$56,000	$56,000