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	$31,600	$31,600	$296,910
Remaining term (yrs)	5.0	5.0	30.0
Secondary amount	$0	$265,310	$0
Funding fee	$0	$0	$0
Note rate	6.720%	6.720%	7.400%
Blended rate	7.570%	7.731%	7.640%
1st payment	$604.67	$604.67	$2,055.74
2nd payment	$0.00	$1,713.46	$0.00
Taxes / mo	$337.42	$337.42	$337.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$66.24	$66.24	$59.38
HOA / mo	$8.33	$8.33	$8.33
Total monthly	$1,166.66	$2,880.12	$2,610.87
Cash to close	$298,300	$32,990	$32,990