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	$329,907	$329,907	$422,550
Remaining term (yrs)	27.5	27.5	30.0
Secondary amount	$0	$92,643	$0
Funding fee	$0	$0	$0
Note rate	6.940%	6.940%	7.400%
Blended rate	7.490%	7.821%	7.640%
1st payment	$2,240.09	$2,240.09	$2,925.65
2nd payment	$0.00	$694.82	$0.00
Taxes / mo	$408.75	$408.75	$408.75
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$155.26	$155.26	$84.51
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,970.76	$3,665.58	$3,585.58
Cash to close	$139,593	$46,950	$46,950