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	$54,221	$54,221	$342,000
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$287,779	$0
Funding fee	$0	$0	$0
Note rate	6.830%	6.830%	7.400%
Blended rate	7.380%	7.691%	7.640%
1st payment	$359.66	$359.66	$2,367.94
2nd payment	$0.00	$1,858.57	$0.00
Taxes / mo	$382.50	$382.50	$382.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$25.21	$25.21	$68.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$917.37	$2,775.94	$2,968.84
Cash to close	$325,779	$38,000	$38,000