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	$495,317	$495,317	$571,500
Remaining term (yrs)	27.7	27.7	30.0
Secondary amount	$0	$76,183	$0
Funding fee	$0	$0	$0
Note rate	6.990%	6.990%	7.400%
Blended rate	7.540%	7.735%	7.640%
1st payment	$3,369.47	$3,369.47	$3,956.95
2nd payment	$0.00	$571.37	$0.00
Taxes / mo	$808.75	$808.75	$808.75
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$232.36	$232.36	$114.30
HOA / mo	$229.00	$229.00	$229.00
Total monthly	$4,806.25	$5,377.62	$5,275.67
Cash to close	$139,683	$63,500	$63,500