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	$421,781	$421,781	$477,000
Remaining term (yrs)	29.5	29.5	30.0
Secondary amount	$0	$55,219	$0
Funding fee	$0	$0	$0
Note rate	6.110%	6.110%	7.400%
Blended rate	6.660%	6.931%	7.640%
1st payment	$2,571.36	$2,571.36	$3,302.65
2nd payment	$0.00	$414.14	$0.00
Taxes / mo	$36.17	$36.17	$36.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$194.27	$194.27	$95.40
HOA / mo	$165.00	$165.00	$165.00
Total monthly	$3,133.46	$3,547.60	$3,765.88
Cash to close	$108,219	$53,000	$53,000