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	$308,121	$308,121	$350,910
Remaining term (yrs)	27.7	27.7	30.0
Secondary amount	$0	$42,789	$0
Funding fee	$0	$0	$0
Note rate	6.950%	6.950%	7.400%
Blended rate	7.500%	7.683%	7.640%
1st payment	$2,087.95	$2,087.95	$2,429.63
2nd payment	$0.00	$320.92	$0.00
Taxes / mo	$591.50	$591.50	$591.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$144.57	$144.57	$70.18
HOA / mo	$11.00	$11.00	$11.00
Total monthly	$2,985.02	$3,305.94	$3,252.31
Cash to close	$81,779	$38,990	$38,990