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	$363,736	$363,736	$378,000
Remaining term (yrs)	28.8	28.8	30.0
Secondary amount	$0	$35,264	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.476%	7.640%
1st payment	$2,327.32	$2,327.32	$2,617.20
2nd payment	$0.00	$348.96	$0.00
Taxes / mo	$182.83	$182.83	$182.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$168.76	$168.76	$75.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,828.91	$3,177.88	$3,025.63
Cash to close	$56,264	$21,000	$42,000