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	$424,004	$424,004	$431,910
Remaining term (yrs)	26.7	26.7	30.0
Secondary amount	$0	$31,901	$0
Funding fee	$0	$0	$0
Note rate	6.790%	6.790%	7.400%
Blended rate	7.340%	7.657%	7.640%
1st payment	$2,864.79	$2,864.79	$2,990.46
2nd payment	$0.00	$315.69	$0.00
Taxes / mo	$151.33	$151.33	$151.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$201.61	$201.61	$86.38
HOA / mo	$60.00	$60.00	$60.00
Total monthly	$3,444.41	$3,760.09	$3,454.84
Cash to close	$55,896	$23,995	$47,990