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	$329,448	$329,448	$405,000
Remaining term (yrs)	26.4	26.4	30.0
Secondary amount	$0	$75,552	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.414%	7.640%
1st payment	$2,174.78	$2,174.78	$2,804.14
2nd payment	$0.00	$566.64	$0.00
Taxes / mo	$484.50	$484.50	$484.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$157.70	$157.70	$81.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,966.98	$3,533.62	$3,519.64
Cash to close	$120,552	$45,000	$45,000