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	$491,857	$491,857	$674,910
Remaining term (yrs)	27.3	27.3	30.0
Secondary amount	$0	$183,053	$0
Funding fee	$0	$0	$0
Note rate	6.610%	6.610%	7.400%
Blended rate	7.160%	7.388%	7.640%
1st payment	$3,241.20	$3,241.20	$4,672.94
2nd payment	$0.00	$1,220.36	$0.00
Taxes / mo	$871.75	$871.75	$871.75
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$232.36	$232.36	$134.98
HOA / mo	$198.00	$198.00	$198.00
Total monthly	$4,759.98	$5,980.33	$6,094.34
Cash to close	$258,043	$74,990	$74,990