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	$314,901	$314,901	$331,200
Remaining term (yrs)	26.4	26.4	30.0
Secondary amount	$0	$34,699	$0
Funding fee	$0	$0	$0
Note rate	6.480%	6.480%	7.400%
Blended rate	7.030%	7.511%	7.640%
1st payment	$2,074.75	$2,074.75	$2,293.16
2nd payment	$0.00	$343.38	$0.00
Taxes / mo	$382.67	$382.67	$382.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$150.76	$150.76	$66.24
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,758.18	$3,101.55	$2,892.07
Cash to close	$53,099	$18,400	$36,800