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	$305,184	$305,184	$445,500
Remaining term (yrs)	28.8	28.8	30.0
Secondary amount	$0	$140,316	$0
Funding fee	$0	$0	$0
Note rate	6.770%	6.770%	7.400%
Blended rate	7.320%	7.534%	7.640%
1st payment	$2,006.62	$2,006.62	$3,084.55
2nd payment	$0.00	$935.44	$0.00
Taxes / mo	$427.00	$427.00	$427.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$141.51	$141.51	$89.10
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,741.80	$3,677.24	$3,767.32
Cash to close	$189,816	$49,500	$49,500