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	$67,835	$67,835	$378,000
Remaining term (yrs)	7.4	7.4	30.0
Secondary amount	$0	$310,165	$0
Funding fee	$0	$0	$0
Note rate	5.630%	5.630%	7.400%
Blended rate	6.480%	7.522%	7.640%
1st payment	$925.76	$925.76	$2,617.20
2nd payment	$0.00	$2,003.15	$0.00
Taxes / mo	$224.58	$224.58	$224.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$113.85	$113.85	$75.60
HOA / mo	$10.83	$10.83	$10.83
Total monthly	$1,425.02	$3,428.17	$3,078.21
Cash to close	$352,165	$42,000	$42,000