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	$417,566	$417,566	$535,500
Remaining term (yrs)	27.3	27.3	30.0
Secondary amount	$0	$117,934	$0
Funding fee	$0	$0	$0
Note rate	6.610%	6.610%	7.400%
Blended rate	7.160%	7.345%	7.640%
1st payment	$2,751.64	$2,751.64	$3,707.69
2nd payment	$0.00	$786.22	$0.00
Taxes / mo	$477.33	$477.33	$477.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$197.27	$197.27	$107.10
HOA / mo	$50.00	$50.00	$50.00
Total monthly	$3,642.91	$4,429.14	$4,508.79
Cash to close	$177,434	$59,500	$59,500