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	$70,042	$70,042	$359,100
Remaining term (yrs)	7.0	7.0	30.0
Secondary amount	$0	$289,058	$0
Funding fee	$0	$0	$0
Note rate	5.930%	5.930%	7.400%
Blended rate	6.780%	7.561%	7.640%
1st payment	$1,001.70	$1,001.70	$2,486.34
2nd payment	$0.00	$1,866.83	$0.00
Taxes / mo	$153.08	$153.08	$153.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$119.24	$119.24	$71.82
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,424.02	$3,290.86	$2,861.24
Cash to close	$328,958	$39,900	$39,900