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	$281,981	$281,981	$297,000
Remaining term (yrs)	23.5	23.5	30.0
Secondary amount	$0	$31,519	$0
Funding fee	$0	$0	$0
Note rate	6.650%	6.650%	7.400%
Blended rate	7.200%	7.670%	7.640%
1st payment	$1,976.29	$1,976.29	$2,056.37
2nd payment	$0.00	$311.91	$0.00
Taxes / mo	$324.42	$324.42	$324.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$132.31	$132.31	$59.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,583.02	$2,894.93	$2,590.18
Cash to close	$48,019	$16,500	$33,000