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	$295,518	$295,518	$315,000
Remaining term (yrs)	25.8	25.8	30.0
Secondary amount	$0	$36,982	$0
Funding fee	$0	$0	$0
Note rate	5.700%	5.700%	7.400%
Blended rate	6.550%	7.142%	7.640%
1st payment	$1,820.79	$1,820.79	$2,181.00
2nd payment	$0.00	$365.97	$0.00
Taxes / mo	$70.08	$70.08	$70.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$222.21	$222.21	$63.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,263.08	$2,629.05	$2,464.08
Cash to close	$54,482	$17,500	$35,000