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	$70,497	$70,497	$418,500
Remaining term (yrs)	7.1	7.1	30.0
Secondary amount	$0	$348,003	$0
Funding fee	$0	$0	$0
Note rate	5.970%	5.970%	7.400%
Blended rate	6.820%	7.593%	7.640%
1st payment	$1,000.26	$1,000.26	$2,897.61
2nd payment	$0.00	$2,247.52	$0.00
Taxes / mo	$104.33	$104.33	$104.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$118.56	$118.56	$83.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,389.82	$3,637.34	$3,252.31
Cash to close	$394,503	$46,500	$46,500