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	$842,905	$842,905	$1,079,999
Remaining term (yrs)	28.4	28.4	30.0
Secondary amount	$0	$237,094	$0
Funding fee	$0	$0	$0
Note rate	6.850%	6.850%	7.400%
Blended rate	7.400%	7.477%	7.640%
1st payment	$5,612.77	$5,612.77	$7,477.70
2nd payment	$0.00	$1,531.23	$0.00
Taxes / mo	$1,000.00	$1,000.00	$1,000.00
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$392.60	$392.60	$216.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$7,222.04	$8,753.27	$8,910.36
Cash to close	$357,094	$120,000	$120,000