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	$356,444	$356,444	$405,000
Remaining term (yrs)	29.5	29.5	30.0
Secondary amount	$0	$48,556	$0
Funding fee	$0	$0	$0
Note rate	6.110%	6.110%	7.400%
Blended rate	6.660%	6.941%	7.640%
1st payment	$2,173.04	$2,173.04	$2,804.14
2nd payment	$0.00	$364.17	$0.00
Taxes / mo	$391.00	$391.00	$391.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$164.18	$164.18	$81.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,878.21	$3,242.38	$3,426.14
Cash to close	$93,556	$45,000	$45,000