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	$315,890	$315,890	$351,000
Remaining term (yrs)	27.3	27.3	30.0
Secondary amount	$0	$35,110	$0
Funding fee	$0	$0	$0
Note rate	6.610%	6.610%	7.400%
Blended rate	7.160%	7.344%	7.640%
1st payment	$2,081.62	$2,081.62	$2,430.25
2nd payment	$0.00	$263.33	$0.00
Taxes / mo	$251.42	$251.42	$251.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$149.23	$149.23	$70.20
HOA / mo	$38.58	$38.58	$38.58
Total monthly	$2,670.85	$2,934.18	$2,940.45
Cash to close	$74,110	$39,000	$39,000