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	$421,892	$421,892	$517,500
Remaining term (yrs)	27.5	27.5	30.0
Secondary amount	$0	$95,608	$0
Funding fee	$0	$0	$0
Note rate	6.640%	6.640%	7.400%
Blended rate	7.190%	7.524%	7.640%
1st payment	$2,782.37	$2,782.37	$3,583.07
2nd payment	$0.00	$717.06	$0.00
Taxes / mo	$402.83	$402.83	$402.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$198.85	$198.85	$103.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,550.72	$4,267.78	$4,256.07
Cash to close	$153,108	$57,500	$57,500