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	$508,580	$508,580	$539,100
Remaining term (yrs)	29.6	29.6	30.0
Secondary amount	$0	$30,520	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.160%	7.640%
1st payment	$3,223.36	$3,223.36	$3,732.62
2nd payment	$0.00	$228.90	$0.00
Taxes / mo	$265.42	$265.42	$265.42
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$233.74	$233.74	$107.82
HOA / mo	$31.00	$31.00	$31.00
Total monthly	$3,920.18	$4,149.08	$4,303.52
Cash to close	$90,420	$59,900	$59,900