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	$344,552	$344,552	$359,100
Remaining term (yrs)	26.7	26.7	30.0
Secondary amount	$0	$34,498	$0
Funding fee	$0	$0	$0
Note rate	6.710%	6.710%	7.400%
Blended rate	7.260%	7.680%	7.640%
1st payment	$2,310.22	$2,310.22	$2,486.34
2nd payment	$0.00	$341.39	$0.00
Taxes / mo	$440.25	$440.25	$440.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$163.92	$163.92	$71.82
HOA / mo	$350.00	$350.00	$350.00
Total monthly	$3,414.39	$3,755.78	$3,498.41
Cash to close	$54,448	$19,950	$39,900