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	$290,188	$290,188	$305,910
Remaining term (yrs)	27.4	27.4	30.0
Secondary amount	$0	$32,717	$0
Funding fee	$0	$0	$0
Note rate	6.640%	6.640%	7.400%
Blended rate	7.190%	7.665%	7.640%
1st payment	$1,915.82	$1,915.82	$2,118.06
2nd payment	$0.00	$323.77	$0.00
Taxes / mo	$283.25	$283.25	$283.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$136.92	$136.92	$61.18
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,485.99	$2,809.75	$2,612.49
Cash to close	$49,712	$16,995	$33,990