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	$305,060	$305,060	$359,100
Remaining term (yrs)	26.7	26.7	30.0
Secondary amount	$0	$54,040	$0
Funding fee	$0	$0	$0
Note rate	6.350%	6.350%	7.400%
Blended rate	6.900%	7.216%	7.640%
1st payment	$1,975.35	$1,975.35	$2,486.34
2nd payment	$0.00	$405.30	$0.00
Taxes / mo	$241.08	$241.08	$241.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$145.50	$145.50	$71.82
HOA / mo	$264.00	$264.00	$264.00
Total monthly	$2,775.94	$3,181.23	$3,213.24
Cash to close	$93,940	$39,900	$39,900