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	$358,070	$358,070	$369,000
Remaining term (yrs)	26.6	26.6	30.0
Secondary amount	$0	$31,430	$0
Funding fee	$0	$0	$0
Note rate	6.350%	6.350%	7.400%
Blended rate	6.900%	7.301%	7.640%
1st payment	$2,321.35	$2,321.35	$2,554.88
2nd payment	$0.00	$311.02	$0.00
Taxes / mo	$1,089.25	$1,089.25	$1,089.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$170.99	$170.99	$73.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,731.59	$4,042.61	$3,867.93
Cash to close	$51,930	$20,500	$41,000