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	$300,552	$300,552	$319,500
Remaining term (yrs)	28.3	28.3	30.0
Secondary amount	$0	$36,698	$0
Funding fee	$0	$0	$0
Note rate	6.910%	6.910%	7.400%
Blended rate	7.460%	7.940%	7.640%
1st payment	$2,015.10	$2,015.10	$2,212.15
2nd payment	$0.00	$363.16	$0.00
Taxes / mo	$325.17	$325.17	$325.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$140.09	$140.09	$63.90
HOA / mo	$313.00	$313.00	$313.00
Total monthly	$2,943.36	$3,306.52	$3,064.22
Cash to close	$54,448	$17,750	$35,500