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	$293,053	$293,053	$305,100
Remaining term (yrs)	26.4	26.4	30.0
Secondary amount	$0	$28,997	$0
Funding fee	$0	$0	$0
Note rate	6.650%	6.650%	7.400%
Blended rate	7.200%	7.621%	7.640%
1st payment	$1,960.28	$1,960.28	$2,112.45
2nd payment	$0.00	$286.95	$0.00
Taxes / mo	$645.92	$645.92	$645.92
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$139.95	$139.95	$61.02
HOA / mo	$20.83	$20.83	$20.83
Total monthly	$2,916.98	$3,203.93	$2,990.22
Cash to close	$45,947	$16,950	$33,900