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	$638,430	$638,430	$648,000
Remaining term (yrs)	29.0	29.0	30.0
Secondary amount	$0	$45,570	$0
Funding fee	$0	$0	$0
Note rate	6.340%	6.340%	7.400%
Blended rate	6.890%	7.222%	7.640%
1st payment	$4,006.63	$4,006.63	$4,486.62
2nd payment	$0.00	$450.95	$0.00
Taxes / mo	$371.17	$371.17	$371.17
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$295.44	$295.44	$129.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$4,889.90	$5,340.85	$5,204.05
Cash to close	$81,570	$36,000	$72,000