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	$423,375	$423,375	$512,100
Remaining term (yrs)	29.1	29.1	30.0
Secondary amount	$0	$88,725	$0
Funding fee	$0	$0	$0
Note rate	6.220%	6.220%	7.400%
Blended rate	6.770%	7.156%	7.640%
1st payment	$2,621.53	$2,621.53	$3,545.68
2nd payment	$0.00	$665.43	$0.00
Taxes / mo	$390.83	$390.83	$390.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$195.76	$195.76	$102.42
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,374.79	$4,040.23	$4,205.60
Cash to close	$145,625	$56,900	$56,900