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	$6,039	$6,039	$359,910
Remaining term (yrs)	24.4	24.4	30.0
Secondary amount	$0	$353,871	$0
Funding fee	$0	$0	$0
Note rate	6.330%	6.330%	7.400%
Blended rate	6.880%	7.735%	7.640%
1st payment	$40.47	$40.47	$2,491.94
2nd payment	$0.00	$2,285.42	$0.00
Taxes / mo	$310.75	$310.75	$310.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$2.92	$2.92	$71.98
HOA / mo	$7.00	$7.00	$7.00
Total monthly	$511.14	$2,796.56	$3,031.68
Cash to close	$393,861	$39,990	$39,990