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	$425,016	$425,016	$436,500
Remaining term (yrs)	27.9	27.9	30.0
Secondary amount	$0	$35,734	$0
Funding fee	$0	$0	$0
Note rate	6.890%	6.890%	7.400%
Blended rate	7.440%	7.784%	7.640%
1st payment	$2,857.73	$2,857.73	$3,022.24
2nd payment	$0.00	$353.61	$0.00
Taxes / mo	$404.17	$404.17	$404.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$199.08	$199.08	$87.30
HOA / mo	$566.00	$566.00	$566.00
Total monthly	$4,193.64	$4,547.25	$4,246.37
Cash to close	$59,984	$24,250	$48,500