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	$301,425	$301,425	$319,500
Remaining term (yrs)	29.3	29.3	30.0
Secondary amount	$0	$35,825	$0
Funding fee	$0	$0	$0
Note rate	6.110%	6.110%	7.400%
Blended rate	6.660%	7.214%	7.640%
1st payment	$1,841.32	$1,841.32	$2,212.15
2nd payment	$0.00	$354.52	$0.00
Taxes / mo	$120.92	$120.92	$120.92
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$139.12	$139.12	$63.90
HOA / mo	$23.33	$23.33	$23.33
Total monthly	$2,274.69	$2,629.21	$2,570.30
Cash to close	$53,575	$17,750	$35,500