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	$338,535	$338,535	$405,000
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$66,465	$0
Funding fee	$0	$0	$0
Note rate	6.890%	6.890%	7.400%
Blended rate	7.440%	7.696%	7.640%
1st payment	$2,261.05	$2,261.05	$2,804.14
2nd payment	$0.00	$498.49	$0.00
Taxes / mo	$386.42	$386.42	$386.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$157.51	$157.51	$81.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,954.97	$3,453.46	$3,421.55
Cash to close	$111,465	$45,000	$45,000