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	$721,493	$721,493	$877,410
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$155,917	$0
Funding fee	$0	$0	$0
Note rate	6.630%	6.630%	7.400%
Blended rate	7.180%	7.326%	7.640%
1st payment	$4,691.16	$4,691.16	$6,075.01
2nd payment	$0.00	$1,039.45	$0.00
Taxes / mo	$267.25	$267.25	$267.25
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$335.62	$335.62	$175.48
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$5,510.69	$6,550.14	$6,734.41
Cash to close	$253,407	$97,490	$97,490