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	$311,235	$311,235	$337,500
Remaining term (yrs)	28.2	28.2	30.0
Secondary amount	$0	$26,265	$0
Funding fee	$0	$0	$0
Note rate	6.790%	6.790%	7.400%
Blended rate	7.340%	7.469%	7.640%
1st payment	$2,064.17	$2,064.17	$2,336.78
2nd payment	$0.00	$196.99	$0.00
Taxes / mo	$434.33	$434.33	$434.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$145.27	$145.27	$67.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,793.78	$2,990.77	$2,988.62
Cash to close	$63,765	$37,500	$37,500